Meyer Burger Technology Ltd has announced that the majority stake of 51 % of the share capital in AMB Apparate und Maschinenbau GmbH with headquartes in Langweid, Germany, has been increased to 100% through an early exercising of the call option on the remaining 49 % participation in the share capital of AMB Apparate + Maschinenbau GmbH (stipulated in the purchase contract of 10 January 2008).

The complete acquisiton of AMB underlines the strategy of Meyer Burger, to become an active worldwide leading Technolgy Group in the solar industry.

The cost of the takeover, which was completed on November 20th, was not disclosed as both parties involved have agreed not to publicise the details.