Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Apr. 18, 1:16 AM
Slide #22. TIGI — SOLID
Acquirer: |
TIGI |
Acquiree: |
SOLID |
Details: |
TIGI (TASE: TIGI), an Israeli provider of renewable heat generation and storage solutions and services, today announced it has received the Austrian court's confirmation of the restructuring process of SOLID, a global player in the renewable heat domain, of which TIGI holds 90%. This strategic consolidation enables TIGI to combine its renewable heat technology with SOLID's global experience and execution capacity in solar-thermal systems, placing TIGI in a key position to expand into new markets and become a leader in the International Renewable Heat Energy sector. |
Both companies are privately held or listed on a foreign exchange.
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April 18, 2024 1:16 AM Eastern
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