news
A Step Forward for our Company
new acquisition
As of October 11th, 2024, Ibla Capital, investment company, through the Ibla Industries II fund, has taken over 100% of SolarEdge Automation Machines S.p.A. from the SolarEdge group, a global leader in smart energy technology.
SolarEdge Automation Machines, founded in 2004, currently employs just over 70 employees and is expected to reach a turnover of 12 million Euro in 2024. Thanks to our state-of-the-art production facilities, a know-how built up over the years, and a constant commitment to technological research, SolarEdge Automation Machines today markets worldwide a wide range of machines with cutting-edge technologies, to be used for a variety of applications in a multitude of industries.
Vincenzo Santoro, Chief Investment Officer of Ibla Capital stated:
“SolarEdge Automation Machines is a well-managed company, operating in a fragmented and rapidly growing market. With the support of Ibla Capital it will be further developed, also through acquisitions, into a reference for the industry globally”.
This acquisition process will not have any impact on the legal personality of the existing entity which retains its rights and obligations in all existing legal relationships and will not affect or delay any current or future orders of our products.
The current management of SolarEdge Automation Machines will continue to run the company, after the acquisition by Ibla Industries II. Our customers will remain our top priority. Our commitment to the design, development and supply of automation solutions for industrial fabric cutting, welding and sewing, waterjet cutting and sunscreen system manufacturing will continue as always.