Into ROME – Power One, the multinational company in the photovoltaic industry with a plant in Newfoundland Bracciolini in the province of Arezzo, and ‘was acquired by ABB, a world leader in automation technology for more than a billion dollars. This was announced by a press release explaining that the Swiss company, which is headquartered in Zurich and ‘present in more than 100 countries, will acquire’ 150,000 shares of $ 6.35 each. The acquisition by ABB and ’100% final – is to know the direction of Italian Power-One – Set out all the details now we must wait for the bureaucratic process (monitoring bodies such as antitrust), within three months of the agreement will close ‘offi cially. However, the entire operation will modify ‘the activities’ Power-One Italy. The structure, management and then the seat Tuscan continue without changes in their activities” ‘. ”, 85% of the production of Power-One takes place in Italy – specify the vertices of the company Newfoundland Bracciolini – This means that the Power-One factory in the province of Arezzo is 85% of the sale price. This agreement and ‘the testimony of the quality’ of the work done by all the staff Power-One Italy, 1200 employees, including technicians and engineers. In this period in which the companies in Italy close, we are being acquired by a multinational worldwide such as ABB. We are proud.”
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