51% of Sofisolar Swiss stake bought by Gewiss Group
After a two-year partnership with the Gewiss Group, Sofisolar Swiss SA has been acquired by Gewiss this week. The Italian manufacturer of electrical enclosures bought a 51% share of the Italian-Swiss company. Sofisolar Swiss SA specialise in the manufacture of photovoltaic system solar panels, LED lighting, and energy distribution systems.
Their latest acquisition fulfils their aim to increase market share in Europe. Particularly in the field of solar energy systems and LED lighting – both technologies that are rising in popularity.
Oscar Crameri, Sofisolar Swiss SA’s Chairman of the Board of Directors said: “We are proud to become part of the GEWISS group that works for fifty years starring in electrical engineering.”
Since 2006, Total Control and Distribution have been happy to sell their products. With the addition of Sofisolar Swiss, this gives us scope to offer their products too. They are a good match with our sister company, Tees LED, as well as TCAD. After a successful two year partnership, we hope the merger is a happy union.
Both companies’ products are noted for their reliability and energy efficiency. We at TCAD are proud to be associated with them.
Total Control and Distribution, 07 June 2017.