Paris, May 16thth2024
Against the backdrop of steady growth in demand for renewable energy, Solutions 30 has acquired 10% of the company’s shares in Sotech, a company specializing in solar power plant construction, in order to enhance its comprehensive services in the ENR business. Acquired shares. A management team with a long history. Ultimately, according to the agreement between the acquiring shareholders, Solutions30 will become the majority shareholder in the coming years and will control his 100% of the capital within five years.
So-Tec is a French company based near Montpellier with approximately 100 employees and sales of more than 20 million euros. The company is recognized as a leader in the field of solar power generation, primarily in the implementation of ground-mounted structures and the construction of rooftop power plants. So-Tec designs and installs all types of installations (shade houses, greenhouses, roofs, ground-mounted, floating, agricultural) throughout France and regularly synergizes with Solutions30.
With nearly 30 years of combined experience, the partnership between Solutions30 and So-Tec creates a unique “Made in France” product that can cover both structural and electrical packages and take over the overall management of your EPC. (Engineering, Procurement, Construction) Contracts from design to engineering, material procurement and construction to the French market. The synergies enable the Group to shorten design lead times, optimize purchasing, and manage value chains and construction schedules, ensuring complete and optimized project management for our customers.
The investment in So-Tec is a further step in Solutions30’s dynamic positioning in the photovoltaic sector and reaffirms the company’s ambition to build one of the main leaders in this sector in France. Solutions30, which is able to manage complex projects by integrating the entire value chain in highly demanding markets, aims to double its revenue from this activity to 40 million euros by 2024. , So-Tec will not contribute to the group’s sales until 2025. To achieve this, the Group will create commercial synergies, expand its reach across France and strengthen its team by hiring 50 people by 2024. The construction industry will begin to transition into a sector that will peak in the coming years.
Commenting on the agreement, Amaury Boilot, CEO and Group Secretary General of Solutions30 France, said: “With the rapid growth of the solar power market, projects are becoming more structured and clients are increasingly looking for multi-lot specialists who can support them from design to maintenance. Combined with the leader in power generation construction, this is an important milestone in the development of our company, establishing us as a market leader. We are particularly pleased to join our management team, who are experts in technology and markets, in this great adventure. I was able to get involved.”
About Solutions30 SE
Solutions30 provides consumers and businesses with access to the key technological advances that are shaping our daily lives, particularly those driving digital transformation and the energy transition. With a network of over 16,000 technicians, Solutions30 has completed over 80 million inquiries since its inception and led over 500 renewable energy projects with a combined maximum output of more than 1,000 MWp. In pursuing our vision of a more connected and sustainable world, Solutions30 has become an industry.
We are a European leader with operations in 10 countries: France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Spain, Portugal, the United Kingdom and Poland.
The capital of Solutions30 SE consists of 107,127,984 shares equal to the number of theoretical voting rights exercisable. Solutions30 SE is listed on the Euronext Paris Exchange (ISIN FR0013379484 – code S30). Index: MSCI Europe ex-UK Small Cap | SBF120 | CAC Mid 60 | Next 150 | CAC Technology | CAC PME.
For more information please visit our website: www.solutions30.com
contact
Individual shareholder:
actionnaires@solutions30.com – Phone: +33 (0)1 86 86 00 63
Analyst/Investor:
investor.relations@solutions30.com
Press – Image 7:
Charlotte Le Barbier – Tel: +33 6 78 37 27 60 – clebarbier@image7.fr
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