Conergy Group is much leaner and more efficient on domestic market as a result
- Reinforcement of Conergy brand
- In future, customers to receive all services from one provider
The Conergy Group has merged both of its largest German companies faster than planned, both operatively as well as legally. Through the amalgamation of Conergy Vertriebs GmbH & Co. KG with SunTechnics GmbH, this vital restructuring phase has been concluded. The entire German photovoltaic business of the Group will now be conducted in an integrated manner under the name “Conergy Deutschland GmbH.” This will further reinforce the “Conergy” brand on the domestic market.
Conergy CFO Dr Jörg Spiekerkötter, who was in charge of legal simplification of the Group, commented:“This represents the successful conclusion of the most important part of the worldwide consolidation of the legal units.This will help us to achieve additional complexity cost reductions.”
German customers profit from the bundling of sales channels
Conergy Group customers will benefit from the merger.“In future, Conergy will provide all German customer groups – from installation companies and wholesalers to investors – with tailored photovoltaic systems from one source,” according to Conergy Germany boss, Jochen Kirmaier.“With this step we are bundling our B2B and B2C sales channels.This clear concentration on our customer groups avoids overlapping in order processing, and makes us even faster and more efficient in daily business.At the same time, our partners will profit from participation in major project transactions.All of this will strengthen our brand ‘Conergy’ and further reduce our working capital requirements,” Kirmaier added.
About Conergy
Conergy AG is one of the leading solar enterprises in Europe and with over 70,000 solar systems installed also a global market leader in the field of solar system integration. Listed since 2005 on the Frankfurt Stock Exchange, the group pursues a global growth strategy: it produces, installs and plans solar systems for its customers in more than 20 countries. The Conergy Group is represented by branch offices on four continents.
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