4 sources · updated 23m ago

Nextpower to acquire German PV mounting supplier for $378 million

US-based Nextpower announced plans to acquire German PV mounting systems supplier Zimmermann PV Steel in a transaction valued at approximately €330 million ($378 million) in cash and stock. The deal is subject to regulatory review and is expected to close in fiscal 2027.

Coverage — read at the source

• power-technology.com · 23m ago

  Nextpower enters $378m deal to acquire Zimmermann PV-Steel Group ↗

  Nextpower has agreed to acquire Zimmermann PV-Steel Group, a Germany-based solar technology company with operations in over 58 countries.

• solarpowerworldonline.com · 1h ago

  Nextpower acquiring German solar racking company Zimmermann PV-Steel Group ↗

  Nextpower (formerly Nextracker) is planning to acquire a European solar racking manufacturer. Zimmermann PV-Steel Group of southern Germany produces fixed-tilt, floating and agrivoltaic racking for the European solar market. This is the latest intent to purchase another company in a string of acquisitions from Nextpower in the last few years. After making its name as… The post Nextpower acquiring German solar racking company Zimmermann PV-Steel Group appeared first on Solar Power World .

• pv-tech.org · 3h ago

  Nextpower expands in Europe with Zimmermann PV-Steel Group acquisition ↗

  Solar PV solutions provider Nextpower has entered into a definitive agreement to acquire Germany-based solar provider Zimmermann PV-Steel Group.

• pv-magazine.com · 5h ago

  Nextpower to acquire Zimmermann PV Steel in $378 million transaction ↗

  US company Nextpower has announced plans to acquire German PV mounting systems supplier Zimmermann PV Steel, in a transaction worth around €330 million ($378 million) in cash and stocks. The deal is subject to closing conditions and regulatory review, expected to close in fiscal 2027. The post Nextpower to acquire Zimmermann PV Steel in $378 million transaction appeared first on pv magazine Global .