SCHOTT to close CSP deal with Rioglass Solar

Date: 18 April 2016

The international technology group SCHOTT AG has closed the sales of its CSP (Concentrated Solar Power) business to Rioglass Solar by agreement with the regulatory bodies.

The buyer, Spanish Rioglass Solar, has acquired the production facility in Aznalcóllar near Seville, and also a large part of SCHOTT’s CSP assets located in Mitterteich, Germany.

SCHOTT will continue to offer after sales support and services for the CSP receivers it sold in the past.To this end, SCHOTT Solar CSP GmbH will remain in place.

SCHOTT is a leading international technology group in the areas of specialty glass and glass-ceramics. The company has more than 130 years of outstanding development, materials and technology expertise and offers a broad portfolio of high-quality products and intelligent solutions. SCHOTT is an innovative enabler for many industries, including the home appliance, pharmaceutical, electronics, optics, automotive and aviation industries. SCHOTT strives to play an important part of everyone’s life and is committed to innovation and sustainable success. The group maintains a global presence with production sites and sales offices in 35 countries. With its workforce of approximately 15,000 employees, sales of 1.93 billion euros were generated in fiscal year 2014/2015. The parent company, SCHOTT AG, has its headquarters in Mainz (Germany) and is solely owned by the Carl Zeiss Foundation. As a foundation company, SCHOTT assumes special responsibility for its employees, society and the environment. www.schott.com

600450 SCHOTT to close CSP deal with Rioglass Solar glassonweb.com

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