K Finance has successfully advised Kerself SpA in the acquisition of Ecoware SpA.

Kerself, listed on the Milan Stock Exchange with a market capitalization of Euro 175 million, is a leading Italian group active in the production of photovoltaic cells and modules and in the installation of photovoltaic plants in Italy.

Ecoware is a private company specialized in the installation of large photovoltaic plants, with a backlog of over 70 MWatt – meaning approximately Euro 300 million in sales – to be installed in Southern Italy over the next 18 months.