As part of its ongoing expansion and investment in North America, BayWa r.e. is acquiring Canadian National Solar Distributors Inc.
"Canada's solar market is growing steadily and reached over 3GW of installed capacity last year," commented Frank Jessel, Global Director of Solar Trade at BayWa r.e. "As BayWa r.e. continues its expansion in the Americas, Canada is now an important market for us. Our partnership with National Solar Distributors comes at an ideal time, with both companies and the market poised for an exciting period of continued growth. I'm really pleased to welcome the National Solar Distributors team to the BayWa r.e. family."
Combining forces with BayWa r.e.'s global logistics and technical expertise will further strengthen the support provided to National Solar Distributors' customers from coast-to-coast-to-coast, who will continue to be served by the same friendly and local experts on whom they have come to rely.
Matthew Lannigan, Managing Director of National Solar Distributors commented, "Thanks to our clients, National Solar Distributors has been growing steadily since its inception. We look forward to integrating the knowledge of the experienced team at BayWa r.e. and their global buying power as we continue to scale our business. We believe this strategic move will bring great value to our customers."