Caillau has acquired a majority stake in B&K Solare Zukunft, strengthening its position as a supplier of mounting systems in Europe.
Caillau, a French equipment manufacturer specializing in sealing systems for the automotive and aerospace industries, continues to expand in the PV sector.
After the acquisition of AdiWatt in 2021, a French supplier of mounting systems, the group has now taken a majority stake in Germany-based B&K Solare Zukunft, also a supplier of mounting structures for PV installations. B&K Solare Zukunft has two production locations in Gütersloh, Germany and Pęgów, Poland.
Caillau and B&K Solare Zukunft have been partners for two years.
“The combination of our expertise, the complementarity of our product portfolios and our capacity for innovation will enable us to jointly conquer new markets and generate significant synergies,” said Patrick Behnke, Managing Director of B&K Solare Zukunft.
B&K Solar specializes in lightweight constructions for roofs, made of 90% aluminium. Caillau-AdiWatt focuses more on steel structures for ground-mounted power stations, roofs and sunshades.
Caillau has approximately 600 employees, a production plant in Romorantin, France, and subsidiaries in China, the United States and Brazil. It achieved sales of approximately €150 million ($164.0 million) in 2023.
“The acquisition of AdiWatt in 2021 marked an important step in Caillau’s growth and diversification strategy,” said Stéphane Drivon, president of Caillau. “This operation allowed us to create a new solar business unit, complementary to Caillau’s historical strengths and appeals. Our ambition now is to play a key role in the consolidation of the European market for fastening systems with high added value.”
Due to this integration, the combined turnover of the solar division will amount to more than €50 million in 2023, according to Caillau.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.