Solar Millennium AG has increased its share in the sales subsidiary Solar Millennium Invest AG to 100 percent by indirectly acquiring the 45 percent share from Prof. Dr. Wolfgang Gerke at nominal value.

Solar Millennium is thus streamlining and simplifying group structures as well as providing for more transparency. Prof. Dr. Wolfgang Gerke, a renowned expert in the fields of banking and stock exchanges and the President of the Bayerisches Finanz Zentrum (Bavarian Financial Center), will stay on as a member of Solar Millennium Invest AG’s supervisory board.

Dr. Christoph Wolff, CEO of Solar Millennium and chairman of Solar Millennium Invest AG’s supervisory board states, “I am pleased that Prof. Gerke will continue to apply his financial expertise to the supervisory board of Solar Millennium Invest AG, thereby supporting the Solar Millennium Group in its capital market activities.”

Prof. Dr. Wolfgang Gerke, continues, “The involvement in the supervisory board of this financial services company is important to me personally, as I am more than willing to support the combination of environmentally friendly technology, the future prospects of a booming market and an interesting investment and financial concept.”

Original post by David Bae