RBI Solar Buys Centrosolar’s German Mounting Unit Renusol

RBI Solar Inc., a maker of structures for attaching solar panels, will buy Centrosolar Group AG (C3OA)’s German mounting company Renusol GmbH.

RBI Solar signed a deal today to acquire Renusol and its U.S. unit, Renusol said in an e-mailed statement. The combined companies will have plants in Europe, the U.S. and China, it said.

“With Renusol we gain over 15 years of expertise in the area of residential and commercial projects,” RBI President Richard Reilly said in the statement. “Renusol has proven, innovative and cost-effective solutions.”

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Tony Barrett, Alex Devine

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