BayWa r.e. buy out Metgen Ltd
BayWa r.e. has today announced the buyout of Hampshire based solar PV wholesaler Metgen Ltd. The technically strong, and customer focused Metgen have chosen BayWa r.e. as a natural successor to continue it’s operations.
Located in Lymington, Hampshire, Metgen are close to the ‘Solar Hub’ of Bournemouth and Poole, and the wider south coast, an area that holds great potential for BayWa r.e. as they look to supply a customer base keen to grow.
With solar PV becoming an increasingly important part of the UK’s energy mix, the future for the sector is bright, even if the market remains challenging.
Ian Draisey, Managing director of BayWa r.e.’s PV trade business in the UK, says: “We see this as a very positive step for all concerned. Through a combination of our product range and in-depth technical support , I am confident that we will be ideally positioned to carry on and advance the support and service that Metgen has provided over the years. Our challenge now is to prove this to Metgen’s customers – I am confident that they will be satisfied with our service and see working with us as ‘business as usual.”
Ed Webb, Managing director of Metgen Ltd adds: “It is always been our endeavour to deliver a range of products and services specifically tailored to our customers and their businesses. BayWa r.e. buy into the Metgen philosophy of customer care and personal service, and we believe that BayWa r.e. will ideally support our customers through this changing times.”
BayWa r.e. renewable energy GmbH (BayWa r.e.):
BayWa r.e. renewable energy GmbH, a wholly owned subsidiary of BayWa AG, is responsible for BayWa group’s renewable energy business. BayWa r.e. was founded in 2009 and is based in Munich. It acts as a holding company for various business interests in the areas of solar, wind energy, bio-energy and geothermal energy.
BayWa r.e.’s business activities range from project development and realisation to PV trade and consulting services. The company covers the entire spectrum of a professional technical plant support service, including maintenance. It can also undertake the commercial operations management of plants. The range of services also includes trading of renewable energy power, trading in biomethane as well as the sale of eco power and eco gas to private and commercial customers. The company has an international focus with its core markets in Europe and the USA.
BayWa AG (Munich) is a listed trading company operating on an international platform. Its main business sectors are agriculture, energy and building materials.