Reference transaction
Advisor to ITS Halle Cell GmbH
on the sale to Hoermann Holding GmbH & Co. KG
Founded in 2011 as a subsidiary of ITS Innotech Solar Module GmbH, a Scandinavian manufacturer of high-quality photovoltaic modules, ITS Halle Cell specializes in cell optimization, testing, research and development of photovoltaic equipment.
The Hörmann Group is active in traffic technology for railroads and supplies the commercial vehicle automotive industry. The acquisition was intended to expand its market segments and create an attractive supplier of solar modules.
