Acquisition strengthens Heraeus' position as a solar paste innovator and
HANAU, Germany, Feb. 6, 2013 /CNW/ - 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
"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.
SOURCE: Heraeus Holding GmbH
For further information:
Head of Business Media & Corporate Responsibility
Heraeus Corporate Communications
Heraeus Holding GmbH
63450 Hanau, Germany