Heraeus Purchases the Ferro Corporation’s Solar Paste Business
HANAU, Germany, February 6, 2013 /PRNewswire/ –
- Acquisition strengthens Heraeus' position as a solar paste innovator and supplier
Heraeus Precious Metals, business group of the German precious metal and technology
group Heraeus, has purchased the Ferro Corporation’s solar paste business unit. Heraeus
acquires the assets including intellectual property associated with development and
production of metallization pastes for solar cells. The former Ferro activities will be
integrated in the Photovoltaics Business Unit of Heraeus, a leading innovator and supplier
of metallization pastes for solar cells. With the signing of the contract on February 06,
2013, Heraeus continues its long-term commitment to photovoltaics.
“We are confident in the future growth of the photovoltaic industry. The merger of
Heraeus’ innovation and industry leadership with Ferro’s PV history and technology will
strengthen our competence as a supplier to the cell producers globally,” said Dr. Ralf
Droste, Executive Vice President of Heraeus Precious Metals.
Ferro has more than a thirty year history of developing thick-film pastes, including
for the photovoltaics industry. Heraeus has produced thick film pastes for over forty
years and solar pastes since 2008.
Christoph Ringwald Head of Business Media & Corporate Responsibility Heraeus Corporate Communications Heraeus Holding GmbH Heraeusstrasse 12-14 63450 Hanau, Germany Phone +49(0)6181-35-3832 Fax: +49(0)6181-35-4242 E-Mail: firstname.lastname@example.org Web: http://www.heraeus.com
SOURCE Heraeus Holding GmbH