True Value Solar
 | A major contributor to this article appears to have a close connection with its subject. (April 2012) |
| Company type | Private |
|---|---|
| Industry | Renewable Energy |
| Founded | March 2009 |
| Headquarters | Melbourne, Victoria, Australia |
Key people | Robert Gattereder (CEO) |
| Products | Solar Systems |
 A$43.3 million (2011) | |
Number of employees | 220 |
| Website | [1] |
True Value Solar was an Australian renewable energy company headquartered in Melbourne, reviews: ,[1] ,[2] [3] until 2013 when German-based M+W Group bought True Value’s remaining 35 per cent shareholding. The core business of the company is the sale of rooftop solar power systems, with installation by contractors, operating in all major states in Australia (absent from the Northern Territory and Australian Capital Territory). Founded in 2009.[4]
Purchase By M+W Group
In March 2013, True Value Solar became fully owned by German-based M+W Group, after the engineering and construction firm bought True Value’s remaining 35 per cent shareholding. M+W was already the majority shareholder in the rooftop solar specialist, having bought 65 per cent of the company in 2011.[5]
In March 2011 German engineering firm M+W Group announced that it had purchased a majority stake in National Solar Group, the parent company of True Value Solar at the time.[6]
Executive members
- Robert Gattereder, Chief Executive Officer of M+W Solar GmbH
References
- ^ "Product Review website". Product Review. 18 December 2013. Retrieved 18 December 2013.
- ^ "True Local Review website". True Local. 18 December 2013. Retrieved 18 December 2013.
- ^ "Whirlpool website". Whirlpool. 18 December 2013. Retrieved 18 December 2013.
- ^ "Suren Chandrajit". Smart Company. 21 December 2011. Retrieved 21 December 2011.
- ^ "Mixed Greens: German firm buys Australia's largest solar installer". RenewEconomy.com.au. 6 March 2013. Retrieved 6 March 2013.
- ^ "M+W takes controlling stake in National Solar Group". Australian Financial Review. 13 April 2011. Retrieved 13 April 2011.
External links
- official website | http://www.truevaluesolar.com.au