BayWa r.e. Acquires Beacon Solar (Beacon Roofing Supply Division)
December 1, 2021
BayWa r.e. has acquired Beacon Solar, the solar distribution division of Beacon Roofing Supply (Nasdaq: BECN), and will integrate it into BayWa r.e. Solar Systems LLC to expand its U.S. distribution footprint. The deal increases BayWa r.e.'s U.S. warehouse network from six to 16 locations, supporting faster deliveries and cross-selling of solar and roofing products.
- Buyers
- BayWa r.e. Solar Systems LLC (BayWa r.e.)
- Targets
- Beacon Solar (solar distribution division of Beacon Roofing Supply, Inc.)
- Sellers
- Beacon Roofing Supply, Inc.
- Industry
- Energy
- Location
- Virginia, United States
- Transaction Type
- Divestiture
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