On the Record · Maxeon Solar Technologies
Maxeon Solar Technologies acquisitions, on the record
The businesses Maxeon Solar Technologies 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 |
|---|---|---|---|
subsidiary (not named in the filing)Word for word“Installment payment for acquisition of subsidiary — — ( 30,000 )” 20-F for 2023 | acquisition | — | ( 30,000 ) |
unconsolidated investee (not named in the filing)Word for word“Proceeds from sale of unconsolidated investee — — 3,220” 20-F for 2023 | divestiture | — | 3,220 |
minority interest (approximately 16.27%) in HSPV, sold to Zhonghuan Hong Kong Holding LimitedWord for word“On April 26, 2024, the Company, through its subsidiary, SunPower Manufacturing Corporation Limited, entered into an equity transfer agreement with Zhonghuan Hong Kong Holding Limited, a subsidiary of TZE, Maxeon’s largest shareholder, for the sale of all of the Company’s minority interest (approximately 16.27%) in HSPV, a joint venture established by SunPower Corporation, TZE and other former partner in 2016.” 20-F for 2023 | agreed divestiture | April 26, 2024 | — |
HSPV (approximately 16.27% minority interest)Word for word“On April 26, 2024, the Company, through its subsidiary, SunPower Manufacturing Corporation Limited, entered into an equity transfer agreement with Zhonghuan Hong Kong Holding Limited, a subsidiary of TZE, Maxeon’s largest shareholder, for the sale of all of the Company’s minority interest (approximately 16.27%) in HSPV, a joint venture established by SunPower Corporation, TZE and other former partner in 2016.” 20-F for 2024 | divestiture | April 26, 2024 | — |
SunPower Philippines Manufacturing Ltd (SPML)Word for word“The sale of SPML was completed on February 28, 2025 and the sale of the Company’s “rest-of-the-world” distributed generation business was completed on March 31, 2025.” 20-F for 2024 | divestiture | February 28, 2025 | — |
“rest-of-the-world” distributed generation businessWord for word“On March 31, 2025, the Company’s “rest-of-the-world” direct generation business was acquired by a subsidiary of TZE, our controlling shareholder.” 20-F for 2024 | divestiture | March 31, 2025 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2023-12-31 | $7.9 million |
| 2024-12-31 | $0 |
Read from Maxeon Solar Technologies’s annual reports (20-F for 2024, 20-F for 2023, 20-F for 2023) and the financial data it files with the SEC, as of 2025-04-30. 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.