Stéphane Dauvister, Chairman of Ecostal Group, Frédéric Bichsel, CEO of Solexis and Christophe Piron, CEO of Ecostal Group
Image: Ecostal Group, Solexis
The Belgian Ecostal Group has acquired Solexis, a Swiss-based B2B distributor of PV equipment. Financial terms of the deal were not disclosed.
Ecostal Group said the integration of Solexis “marks a new phase in its European expansion strategy” as it will now expand its operations into Switzerland. The group is structured as both a B2B distributor of PV solutions and a manufacturer and installer of medium to large solar projects. It operates as nine separate legal entities in Belgium, France, Spain and now Switzerland following the latest merger.
“The two companies have complementary distribution networks and similar DNA,” says Christophe Piron, CEO of Ecostal Group. “What we have in common is the desire to be close to our customers and to support them with a level of service at every stage of their work. That is one of the highest in the sector.”
Solexis CEO Frédéric Bichsel added that the merger is fully in line with the company’s ambitions for the future. “By joining forces, we are giving Swiss installers the support of a European industry leader and access to an even wider range of products and services,” he said.
As part of the agreement, Bichsel will become a shareholder of Ecostal Group, retain his role as director of Solexis and become a member of the Ecostal Group executive committee.
In December 2023, Ecostal acquired the Belgian B2B specialist Project Zero.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
Popular content
