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Fimer acquires ABB solar activities

Milan - Fimer, a company active in the market of inverters for renewable energy for «utility steps», has signed an agreement with ABB for the acquisition of the solar inverter business of the Swedish-Swedish multinational group

Milan - Fimer, a company active in the market of inverters for renewable energy for «utility steps», has signed an agreement with ABB for the acquisition of the solar inverter business of the Swedish-Swedish multinational group.

It is learned from a statement, which states that the activity covers about 800 employees in over 30 countries, with production and research and development sites located in Italy, India and Finland.

The operation should be completed in the first quarter of 2020 and will be subject to certain conditions, including the completion of transfer activities and prior consultation with employee representative bodies, where provided.

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