Mirus Advises Spire Corporation in Sale of its Sun Simulator Business Line to Eternal Sun BV
Mirus Capital Advisors announced that Spire Corporation (Nasdaq: SPIR), a leading technology and equipment supplier to the solar photovoltaic (PV) industry located in Bedford, Massachusetts, has sold its sun simulator business, a supplier of critical tools for both PV module production lines and testing/certification laboratories, in a cross border transaction to Eternal Sun, a company based in The Hague, the Netherlands that specializes in solar simulation technology for the purpose of product and material testing. Mirus served as the exclusive financial advisor to Spire Corporation.
About Spire Corporation
Spire Corporation is a leading global PV equipment and technology company providing solutions for its customers in the solar market. The Company has provided the PV industry with over 60 turnkey lines and hundreds of pieces of solar equipment used to produce, measure and test solar modules and cells. The Company continues to maintain its leadership position with the introduction of this new technology and invests heavily to develop expertise in PV manufacturing. For further details on the Company and its products, please visit www.spirecorp.com.
About Eternal Sun B.V.
Eternal Sun is a high-tech company based in The Hague, the Netherlands that specializes in solar simulation technology for the purpose of product and material testing. Eternal Sun’s solar simulation solutions are innovative, reliable and practical in use, and therefore chosen by many worldwide customers who aim for nothing but the highest quality.Back to Transactions