US solar technology company Nextpower Inc (NASDAQ:NXT) said on Monday it had agreed to acquire Germany's Zimmermann PV-Steel Group for up to EUR 330 million (USD 378.1m), expanding its product offering and presence in the European solar market.

Nextpower Announces Agreement to Acquire Zimmermann PV-Steel Group, Strengthening Solar Product Portfolio and Market Footprint

US company Nextpower has announced plans to acquire German PV mounting systems supplier Zimmermann PV Steel, in a transaction worth around €330 million ($378 million) in cash and…