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Three Months After the Announcement of the Acquisition of the Majority Shares in Solar Energy, This Move is Part of the Process of Integrating Renewable Energy Operations, and Now Solbras Becomes, Definitively, Valley, and Will Be Called Valmont Solar Solutions
“The brand Solbrás is leaving the scene, but Valmont Solar™ Solutions is entering, which brings together all the expertise and internationally recognized quality of our products and services. This integration signifies the conclusion of a cycle and validates the synergy between the companies, as we share the same pioneering spirit, values, vision, and desire to build the future for our customers within the solar energy industry,” celebrated Renato Silva, CEO of Valmont in Brazil.
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The Merger of Companies Will Not Cause Unemployment in the Renewable Energy Sector
The union ensures the automatic incorporation of the entire Solbras team – solar energy now becomes part of Valmont’s workforce. As part of the company’s DNA, the Valmont Solar™ Solutions will also continue to receive constant investment in research and development to maintain the growth and continuous improvement of solar energy products and services delivered to the market.
“We are confident that, with this merger, we are officially marking a new chapter in the history of renewable energy efficiency in the country and in the world. The 100% Brazilian technology reaches a higher level with the endorsement of Valmont and is ready to capture even more of the solar energy market,” announces Geraldo Dezena, CEO, Valmont Solar Solutions.
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About Valmont Solar Company
At Valmont, infrastructure products are produced to support and enrich growing economies around the world. They also lead the world in water management for irrigation, helping agricultural producers get more yield from their land.
They are organized into four segments: Engineered Support Structures, Coatings, Irrigation, and Utility Support Structures. Since its founding in 1946, they have been driven by passion, integrity, continuous improvement, and delivering results. Valmont Industries, Inc. (VMI) has publicly traded shares on the NYSE.
