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ARMOR, OPVIUS to Merge in PV Market

Will combine development, integration and marketing activities for flexible organic photovoltaic films.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

ARMOR and OPVIUS announce the signing of a letter of intent to merge OPVIUS development, integration and marketing activities for flexible organic photovoltaic films with those of ARMOR. The new entity would combine the French mid-market company ARMOR’s industrial production capacity for ASCA film (1 million m2 per annum) with the organic photovoltaic film integration experience of the German company OPVIUS, as demonstrated by its numerous application projects. The two companies have set a deadline of July 2019 to negotiate the takeover.
 
“This Franco-German merger would unquestionably create the global market leader in flexible organic photovoltaic film. ARMOR has the largest production capacity in the technology and OPVIUS enjoys extensive experience integrating film within real applications. Lightweight, flexible and free of rare metals, the ASCA solar film opens up a whole array of innovative application possibilities,” said Hubert de Boisredon, CEO of ARMOR.
 
This acquisition of OPVIUS will enable ARMOR to accelerate the roll-out of its organic photovoltaic film activity.

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