# Mondragon Assembly acquires 60% stake in QHD Visual

Mondragon Assembly acquired a 60% stake in Chinese automation company QHD Visual Automation Equipment Co. to enhance its solar portfolio. The companies also developed a new membrane-free laminator for solar module manufacturing.

- Type: Acquisition
- Announced: 2022-03-23
- Where: Qinghuangdao, China, China
- Status: completed
- Products: solar PV production equipment, lamination equipment, automation and visual inspection systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Mondragon Assembly](https://endata.com/companies/61803.md) (acquirer)
- [QHD Visual Automation Equipment Co.](https://endata.com/companies/61804.md) (target)

## Sources

- [taiyangnews.info](https://taiyangnews.info/technology/new-laminator-process-machine), 2022-03-23: "This step (going membrane free) has been the key in the development of this new machine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.