Eternal Sun, the Dutch specialist in solar module testing and characterisation solutions, has acquired the key assets of the German company Wavelabs Solar Metrology Systems. Wavelabs, known for its LED-based solar simulators for solar cell measurement, complements Eternal Sun’s expertise in testing systems for solar modules.
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The new company, Wavelabs Eternal Sun, will continue operations at the Leipzig site with a team of experienced professionals across R&D, manufacturing and sales.
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The acquisition was made possible following a recent investment by Bolster, a Dutch long-term investment firm, into Eternal Sun. The additional capital provided the financial foundation for this strategic transaction.
Eternal Sun’s acquisition of Wavelabs builds on the Dutch company’s track record of integrating complementary solar metrology providers. In 2016, Eternal Sun acquired and successfully integrated the testing division of Massachusetts-based Spire Corporation, revitalising the business and achieving nearly a decade of strong, sustained growth for the combined operation.
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The newly founded Wavelabs Eternal Sun GmbH is a 100% subsidiary of Eternal Sun Group B.V., headquartered in The Hague, Netherlands. (hcn)
