Tempe company sells off key chunk of its solar business

//Tempe company sells off key chunk of its solar business

Tempe company sells off key chunk of its solar business

As expected, Amtech Systems Inc. has taken a key step in its plan to divest its solar industry business as the Tempe-based company said it has sold off its SoLayTec unit in Europe. In a brief announcement on June 28, Amtech (Nasdaq: ASYS) did not divulge the buyer or any financial details of the transaction. In a statement, J.S. Whang, the company's chairman and CEO, said the company has engaged Oaklins SmallCap Adivsory BV of The Netherlands to advise on the divestiture of another of its solar…

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By | 2019-06-29T18:30:22+00:00 June 29th, 2019|Budget and Tax|

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