On the Record · Hanwha Q CELLS
Hanwha Q CELLS acquisitions, on the record
The businesses Hanwha Q CELLS bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Q CELLSWord for word“In February 2015, we acquired 100% of the outstanding share capital of Q CELLS from Hanwha Solar in exchange for issuing our new ordinary shares to Hanwha Solar, which increased Hanwha Solar’s ownership of our ordinary shares from approximately 45.7% to approximately 94.0%.” 20-F for 2015 | acquisition | February 2015 | — |
Q Cells SE business (production facilities, R&D organization and certain marketing subsidiaries)Word for word“After a bankruptcy filing in Germany in April 2012 by Q Cells SE, its productions facilities in Germany and Malaysia, as well as its research and development organization and certain marketing subsidiaries, were acquired in October 2012 by Hanwha Solar.” 20-F for 2015 | acquisition | October 2012 | — |
Q CELLS (cash received from acquisition)Word for word“Our net cash used in investing activities was $171.8 million for 2015, primarily consisting of $200.0 million of cash used in acquisition of fixed and intangible assets for capacity expansion and upgrades in our Malaysia, Korean and Chinese facilities and $70.2 million of cash received from an acquisition in connection with the combination of Hanwha SolarOne and Q CELLS.” 20-F for 2015 | acquisition | 2015 | $70.2 million |
Variable interest entities (unnamed) that the Group controlled from March 31, 2015Word for word“These entities were subsequently wholly-owned subsidiaries and consolidated by the Group until their disposal in December 2015.” 20-F for 2016 | divestiture | December 2015 | — |
Production facilities in Germany and Malaysia, research and development organization and certain marketing subsidiaries of Q Cells SEWord for word“After a bankruptcy filing in Germany in April 2012 by Q Cells SE, its production facilities in Germany and Malaysia, as well as its research and development organization and certain marketing subsidiaries, were acquired in October 2012 by Hanwha Solar.” 20-F for 2016 | acquisition | October 2012 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses |
|---|---|---|
| 2016-12-31 | $0 | $58.5 million |
| 2017-12-31 | — | $0 |
Read from Hanwha Q CELLS’s annual reports (20-F for 2017, 20-F for 2016, 20-F for 2015) and the financial data it files with the SEC, as of 2018-04-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.