Zetwerk gets solar tracker, wind turbine components provider Unimacts
- India-based industrial equipment manufacturing company Zetwerk Manufacturing has taken control of Unimacts, a US-based distributor of solar tracker and also wind turbine components, at a valuation of USD 39 million (EUR 37.2 m).
The purchase gives Zetwerk with added global growth as well as diversification as well as immediate access to solar and wind-power customers, the customer stated in a press release on Wednesday.
Founded in 2022, Unimacts is an agreement manufacturing as well as supply chain services firm with a concentrate on renewable energy. It offers highly defined mechanical items, solar tracker and also wind turbine components as well as offers complementary logistics support, design for manufacturing, inventory administration and also near-customer warehousing.
As for the United States company, the transaction will offer Unimacts the required capital to expand its visibility in the home market, Europe and also Mexico, along with access to a strong off-shore footprint in India and also Vietnam, journalism launch stated.
