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German solar energy equipment maker acquires Polish supplier


2011-06-16



SMA Solar Technology, a German manufacturer of solar inverters and monitoring systems for photovoltaic applications, has agreed to buy DTW, a Polish company based in Zabierzow (Malopolskie voivodship) that is one of the largest makers of electromagnetic sub-assemblies in Poland. The value of the transaction was not disclosed. It is expected to be finalised next month.

DTW has been a supplier to SMA for about 10 years. It makes transformers and CT-inductors.

SMA Solar Technology, which is listed in Frankfurt, in 2010 generated revenues of €1.9bn. It employs over 5,000 people.



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