Peryton Advisory acted as exclusive financial advisor to the shareholders of Zimmermann PV-Steel Group on the sale to Nextpower (Nasdaq: NXT). The transaction was announced on 22 June 2026 – fittingly at Intersolar Europe in Munich, the industry’s most important gathering point for the solar sector. Zimmermann PV-Steel Group is a true powerhouse in European solar technology: founded in 1950 as a steel construction company and active in photovoltaics since 2009, the Swabian-based company – headquartered in Oberessendorf/Eberhardzell – has delivered more than 2,500 solar installations across 58 countries, with a cumulative installed capacity of over 20 GW. Its product portfolio spans fixed-tilt structures, carports, high-density trackers, innovative agri-PV solutions, and floating PV systems. The total consideration amounts to up to €330 million in cash and stock. Following the closing of the transaction – expected in the second half of Nextpower’s fiscal year 2027 – the business will continue to operate under the name “Zimmermann PV, a Nextpower Company.” On an annualised run-rate basis, the acquisition is expected to contribute approximately €300 million in revenue and approximately €45 million in adjusted EBITDA. For Zimmermann, the deal represents a successful ownership transition with a clear path forward: local customer relationships and engineering expertise are preserved, while Nextpower’s global reach and full product platform open up new avenues for growth. For Nextpower, the acquisition adds four new product lines, expands its presence into 15 additional country markets, and provides access to a large, established customer base – more than doubling its addressable market in Europe. We thank all parties for placing their trust in our expertise – another example of how independent advisory with an entrepreneurial mindset creates real value.