Meyer Burger Acquires Roth & Rau, Plans Integrated PV Production Approach

Meyer Burger Technology AG has announced a voluntary public takeover offer to acquire all bearer shares in Roth & Rau AG at a price of 22 euros per share in cash.

The offer has been accepted by Roth & Rau's management and supervisory boards. Meyer Burger acquired a total of 11.3% of the share capital of Roth & Rau from the founders and key shareholders in April 2010. In addition, Roth & Rau has signed a business combination agreement with Meyer Burger Technology.

According to the companies, the planned consolidation will provide a complete system supplier covering all key technology steps within the photovoltaics value chain, from solar silicon through to complete solar energy systems, mainly in the production processes of wafering, solar cells and solar modules.

Roth & Rau will close the gap between wafering and solar modules and will form the core of the new PV cells technology and competence center at the Meyer Burger Group. As a company within the Meyer Burger Group, Roth & Rau will continue to be run as a proprietary technology competence center and operating German company at its main location in Hohenstein-Ernstthal.

SOURCE: Roth & Rau AG


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