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5N Plus to acquire Azur Space
Strategic transformation enables synergies, access to larger markets
May 14, 2021  EP&T Magazine
5N Plus Inc., a Montreal-based producer of specialty semiconductors and performance materials, has entered into an agreement with Azur Space Solar Power GmbH pursuant to which 5N Plus would acquire all of the issued and outstanding shares of Azur. The Transaction is subject to the customary closing conditions, including regulatory approvals. 5N Plus will fully integrate AZUR’s workforce and will appoint Jürgen Heizmann, managing director of Azur, as a member of 5N Plus’s executive committee.
Located in Heilbronn, Germany with a workforce of 240 employees, Azur is a global leader in developing and manufacturing multi-junction solar cells for space and terrestrial concentrated photovoltaic (PV) applications. 5N Plus operates R&D, manufacturing and commercial centers in several locations in North America, Asia and Europe, including th ....

Baden Wüberg , United States , Arjang Roshan , N Plus Inc , European Space Agency , Plus Inc , Azur Space Solar Power Gmbh , North America , ஒன்றுபட்டது மாநிலங்களில் , ச்சனியான ப்லஸ் இன்க் , ப்லஸ் இன்க் , அஸூர் இடம் சூரிய பவர் கஂப் , வடக்கு அமெரிக்கா ,