Lafayette Mittelstand Capital has acquired 100% of the shares in Jurchen Technology GmbH from BELECTRIC Solar & Battery GmbH as part of a carve-out transaction. As a specialist supplier for large-scale solar systems, the company provides mechanical substructure components and the appropriate DC cabling from a single source.
One technological highlight is the patented PV “PEG” substructure technology, which enables significantly lower material consumption while accelerating plant construction times. The acquisition secures two modern production sites in Germany and India with around 50 employees.
Together with the existing management team, Lafayette Mittelstand Capital has developed a comprehensive growth plan. The aim is to leverage the company's in-depth design and production expertise and, in particular, to scale the innovative PEG technology globally.