Info
Info
News Article

Viridian Solar Acquired By Marley Ltd

News

Viridian Solar announces that leading UK roofing systems manufacturer, Marley has acquired 100% of the share capital of its business. The move provides the foundation for further growth for the roof-integrated solar specialist as it prepares for rapid growth driven by changes to building regulations and its expansion into international markets.

The acquisition builds upon a commercial partnership between the two companies announced in 2020, that saw Viridian Solar's BIPV added to Marley's extensive range of roofing products to complete a comprehensive roof system offer for the UK building industry.

Established in 2003, Viridian Solar has gone on to build a strong reputation as an innovative manufacturer of high-quality, roof-integrated solar PV systems, supplying all the major UK housebuilders. In 2019, the business set up a subsidiary in the Netherlands and its Clearline fusion solar roofing system is now installed on roofs across Benelux, Eire, Germany, Austria and Scandinavia

David Speakman, CEO of Marley added: “The acquisition brings together two complementary companies, both of which are influential players, with highly regarded reputations in the construction market. Viridian's strong relationship with housing developers and solar distributors is complemented by Marley's commercial reach into social housing and among roofing installers.”

Stuart Elmes, CEO of Viridian Solar, comments: “The last eighteen years have just flown by and, whilst we are proud of what we have achieved as a team, our eyes remain firmly on the future. We are looking forward to working with our new colleagues at Marley to open an exciting new chapter in the development of Viridian Solar. Our ambitious growth plans will now be supported by the resources and reputation of being part of one of the biggest and most respected names in the roofing sector, with the backing of Inflexion Private Equity Partners, who manage assets of £5.4bn globally.”

The deal will see Viridian continue to operate as a standalone entity, retaining its existing management team and continuing to support its customers directly.

FRV And Harmony Energy To Develop Second UK Utility Scale Battery Project
NextEnergy Capital Two New Assets Totalling 115MWp
UK'S Largest Battery Ready To Balance The Grid
SSE Renewables Chooses SEANEX Connection System For Seagreen Offshore Wind Farm Project
Viridian Solar Acquired By Marley Ltd
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Low Carbon Develop UK’s Largest Community-owned Solar Park
AMP Clean Energy Partners With Segen To Boost UK Solar Energy Opportunities
TLT Advises Santander On 30MW Flagship Battery Storage Project
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
New Innovation Set To Change Renewable Energy Market
Ingenious Invests In Electric Vehicle Charging Firm
PV Digitalization Forum Presents MeteoControl, Enerparc, Sonnedix And Clere AG
FIMER Powers UK Largest Rooftop Solar Project
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
UK Green Tech Company Myenergi To Double Workforce By 2021
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
Pushing Limits On Project Design Exposes Large-scale Pv To Technical And Financial Risks
SOLARWATT Prepares For Strong UK Growth
Solar Power As Rental Offer Launched By Aggreko
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
Greencoat Renewables Announces First Transaction In Nordic Market
The Smarter E South America Postponed To October 18-20, 2021
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event