Bosch tightens solar sector grip with Voltwerk buy

Newswire

* Bosch to acquire Conergy's Voltwerk Electronics * No purchase price disclosed * Move expands Bosch's presence in solar value chain FRANKFURT, Dec 21 (Reuters) - Robert Bosch, the world's top automotive supplier, will enter one of the last profitable niches of the solar industry by acquiring the inverter business of Conergy, a sign that competition in the sector is getting tougher. Bosch has been gradually working its way through the solar value chain via takeovers, buying solar cell maker ...

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