Dulas Acquired by German Venture

Western MailJune 08, 2011

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Summary


THE wholesale division of one of Wales' most successful export companies has been acquired by a German venture. In a near pounds 5m deal MHH Solartechnik, a subsidiary of BayWa r.e has taken a majority stake in the wholesale solar product supply operation of Machynlleth-based Dulas - which will retain a minority share of the business.

BayWa r.e is a wholly-owned subsidiary of BayWa AG and concentrates on all of the group's activities in the field of renewable energies.

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Extract


Dulas Acquired by German Venture

The deal has created a new company, Dulas MHH, which will be launched at the world's...

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