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5N Plus to acquire AZUR SPACE Solar Power GmbH · Endata

◂ Announcements

Mar 30, 2021ACQUISITIONHeilbronn, Germany, Germany

5N Plus to acquire AZUR SPACE Solar Power GmbH

5N Plus Inc. announced an agreement to acquire all shares of AZUR SPACE Solar Power GmbH, a German leader in multi-junction solar cells for space and terrestrial applications.

Value

$90.5M (76.0M EUR)

Status

Announced

Productsmulti-junction solar cells

Companies5N Plus acquirer AZUR SPACE SOLAR POWER GmbH target

Sectors#Semiconductors and Industrial Electronics

“This acquisition is the foundation of a strategic transformation that will unlock notable market potential”newswire.ca

2 sources
newswire.ca5N Plus to Acquire AZUR SPACE5N Plus Inc.Mar 30, 2021
taiyangnews.infoSpace Solar Cell Maker Azur Space To Get New OwnersAnu BhambhaniApr 15, 2021

Summarized from public sources; check the original articles before acting on it.

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5N Plus invests $8.5M to expand semiconductor materials capacity in Montreal
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Nov 12, 2020CONTRACT
5N Plus secures multi-year supply contracts with First Solar
First Solar customer 5N Plus supplier semiconductor-today.com
Jun 3, 2020CONTRACTSt. George, Utah, United States$12.4M
5N Plus Semiconductors awarded $12.45M U.S. Government contract for specialty semiconductors
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