The shareholders of 3S Industries AG have approved the company's previously announced merger with Meyer Burger Technology AG. The shareholders of Meyer Burger have reportedly also approved the deal.
‘The merger of the two companies offers significant advantages for the future development of the companies that belong to the 3S Group and are active in the growing solar market,’ states Rolf Wagli, chairman of the board of 3S Industries. ‘We are delighted with the approval of our shareholders and will work together in the new group to accelerate the worldwide expansion and further reinforce our presence in the key markets of Europe, Asia and the U.S.’
SOURCE: 3S Industries AG