City Electric Supply to acquire solar representative Soligent
- Solar tools representative will be obtained by electrical wholesale distributor City Electric Supply Company (CES) by the end of this month, based on regulatory as well as other authorizations and also problems.
" This agreement allows us to concentrate on supplying a lot more ingenious services to the solar power market," claimed Soligent chief executive officer Jonathan Doochin. "We value the business society of the CES group and we're confident they'll supply the right setting for our gifted group to accelerate our vision to make a positive effect on the globe with renewable energy."
Following the close of the transaction, Soligent will certainly be a subsidiary of CES. Soligent will certainly take on leadership of CES's Renewables division and work very closely with its substantial branch and distribution network to provide a wide variety of solar product offerings. This will further increase the companies' over 50% growth rates to date.
" We are dedicated to offering accessibility to renewable energy equipment and know Soligent shares our enthusiasm for delivering best-in-class experiences to customers," claimed Thomas Hartland-Mackie, CES's President and chief executive officer. "We are excited to collaborate as well as progress our common objective to supply sustainable alternatives to our areas via our consolidated know-how and also experience in the property and business solar energy area."
Hartland-Mackie added: "We aspire to explore untapped chances and also take advantage of our corresponding services to give exciting new offerings to consumers."
