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Germany: Asset Deal Finalised – Wagner Brand Lives On

Submitted by Baerbel Epp on September 30, 2014
On 6 September 2014, the Dutch Sanderink Holding acquired the assets of German collector manufacturer Wagner & Co Solartechnik. In a press release, the insolvency administrator, Dr Jan Markus Plathner from Brinkmann & Partner, confirmed that the investor took over all three core business divisions of Wagner Solartechnik - collector manufacturing, photovoltaic wholesale and support system production – and all assets would be transferred to a subsidiary of Sanderink Holding called Wagner Solar GmbH with headquarters in Cölbe, Germany. The brand name Wagner will continue.
 

Germany: Insolvency of Long-Standing Collector Manufacturer

Submitted by Baerbel Epp on May 5, 2014
Wagner SolarThe news about the insolvency of Wagner & Co Solartechnik in April has shocked the German solar thermal sector. The appointed preliminary insolvency administrator, Dr Jan Markus Plathner, solicitor at Brinkmann & Partner, stated in a press release that Wagner initiated insolvency procedures on 22 April 2014. The company, which was founded in 1979, is one of the longest-lived solar thermal system suppliers in Germany. It has been producing collectors for almost 30 years and has sold more than 1 million m² of collector area. The company is well-known for its highly efficient collectors with anti-reflective coating on the glass cover, which achieved excellent results during the tests by Germany’s consumer organisation, Stiftung Warentest. Wagner also made headlines for its zero-emission collector factory, which was inaugurated in 2008 (see photo) and for the second highly efficient office building opened in 2012. Another particular characteristic of the company is its shareholding structure: Wagner is fully owned by its employees.
Photo: Wagner

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