March 29, 2019 / 8:42 AM / in 23 days

Lego owner buys majority stake in U.S. solar developer Enerparc Inc

COPENHAGEN (Reuters) - Kirkbi, the family holding company behind toy maker Lego, said on Friday it had agreed to buy a majority stake in Enerparc Inc., a U.S. affiliate of German solar developer, Enerparc AG.

The transaction price and the size of the stake were not disclosed. Enerparc Inc.’s management team will retain a minority ownership.

Reporting by Teis Jensen; Editing by Edmund Blair

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