Esdec Solar Group, the leading supplier of building-related mounting systems, has taken over the American company IronRidge and Quick Mount PV . Both companies are unique in the field of designing and producing mounting systems for solar panels. Together with the American Esdec company EcoFasten, the acquisition makes Esdec Solar Group the market leader in the US and represents more than 60% of the market. The total combination has an annual turnover of more than $250 million USD.
Stijn Vos, CEO of Esdec: “In addition to a few economies of scale, joining forces also offers the opportunity to invest even more intensively in Research and Development. This promotes innovation and growth. Both acquired companies maintain their current structure and continue to operate as separate entities with their unique product lines, go-to-market strategies and sales channels."