Business Services Industry

Argentina: Solar energy business grows.

South American Business Information, April, 2000

Kyocera Solar a producer of solar energy generating equipment, has acquired in Argentina Solartec in a US$50mil deal paid to Golden Genesis Co. Kyocera sees good possibilities to expand its business in Argentina, where Soalrtec posts sales of US$8mil, accounting for 80% of the domestic market, competing with other 5 -6 companies that distributelocally imported products.

Copyright (c) 2000, SABI, all rights reserved.

Source: La Nacion Page: 1 Date: April 2, 2000 Country: Argentina Product: Electric Power Equipment Company: Kyocera Solar ; Solartec Event: Acquisitions & Mergers SABI (South American Business Information)

News Provided by COMTEX (http://www.comtexnews.com)

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