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Encraft sells solar trading business

Encraft has announced the sale of a controlling interest in its solar photovoltaic trading subsidiary, Encraft Technology Products (ETP) to Soleg Group AG of Germany.
Soleg will take over the staff, assets and operations of ETP, which is headquartered in Leamington Spa. The company will be renamed Soleg UK.

Soleg UK has been launched at Solar Power UK conference in Birmingham by Encraft managing director, Matthew Rhodes, and the managing director of Soleg Group, Bernhard Seiler.

Soleg is a well-established independent German distributor of solar photovoltaic, solar thermal and biomass technologies now expanding worldwide, with offices in Italy, the Czech Republic, Austria, Slovenia and Greece. ETP was established as an independent subsidiary of Encraft in 2009 and has grown rapidly with the UK solar PV market.

Encraft managing director Matthew Rhodes said: 'We are delighted to have formed this partnership with Soleg to take our trading business forward in the rapidly developing UK market. Encraft and Soleg have similar cultures and values and a strong belief in differentiating our services through technical competence, commercial awareness and excellent customer service.

'The new business of Soleg UK will sit alongside our ongoing Encraft consulting engineering business, which will continue to provide independent technical expertise in micro-generation and energy efficiency for buildings at the leading edge of the UK market.'

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25 October 2011

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