MBTN on Swiss Stock Exchange

Meyer Burger

Logo: Jung von Matt (agency), CC BY-SA 4.0, via Wikimedia Commons4

Swiss company

Meyer Burger Technology AG is an industrial manufacturer of solar cells and solar modules, headquartered in Gwatt, a district of Thun, Switzerland. The company's registered shares are listed on the SIX Swiss Exchange.2 Its chief executive is Hans Brändle (since 2017).1 Its revenue was CHF 147 million in 2022.1 Its shares trade on Swiss Stock Exchange under the symbol MBTN.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1953Founded1

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  • TickerMBTN on Swiss Stock Exchange1
  • Industryphotovoltaics1
  • HeadquartersThun1
  • Legal formAktiengesellschaft1
  • LEI529900ULZXRB8EM0TH563
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressSchorenstrasse 39, 3645 Gwatt (Thun), Switzerland3
  • Registered withMinistry of Justice, CHE-101.172.3833

Meyer Burger Technology AG is an industrial manufacturer of solar cells and solar modules, headquartered in Gwatt, a district of Thun, Switzerland. The company's registered shares are listed on the SIX Swiss Exchange.2

Corporate structure

Meyer Burger sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Meyer Burger Gwatt (Thun), Switzerland
    • MBT Systems GmbH Subsidiary · Hohenstein-Ernstthal, Germany
    • Meyer Burger (Germany) GmbH Subsidiary · Hohenstein-Ernstthal, Germany

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Hans Meyer founded a mechanical workshop in Hünibach-Eichbühl in early 1951. When Wilhelm Burger became co-owner in 1953, the company, which developed and produced machines for the watch industry, was renamed Meyer & Burger. In 1956 they built a new factory in nearby Steffisburg. From 1960 onwards, they mainly manufactured cut-off machines and a universal machine tool UW1. They were located in Hilterfingen until 1998.

The company was founded in 1953 as a manufacturer of watch stone processing machines and subsequently specialised in sawing machines. In 1999, the company set up a holding structure with the foundation of "Meyer & Burger Holding AG" in Zug and launched the first bandsaw for the solar industry on the market in the same year.

In the course of the growing solar industry, the company began to open up the European, Asian and American markets.

In 2006, the Group was renamed from "Meyer & Burger Holding AG" to "Meyer Burger Technology AG" and its headquarters moved to Baar. The company went public in November 2006.

In 2010, Meyer Burger merged with the previously independent company 3S Industries. 3S Industries had its registered office in Lyss and was founded in 2001. 3S had been listed on the Bern Stock Exchange since 2005. The former competence centres of 3S Industries became business units of Meyer Burger.

In the course of the merger with 3S Industries, Pasan became part of Meyer Burger in 2010. The company focuses on the development and production of test and measurement systems for solar cells and modules. These include solar simulators, which are used by international certification bodies such as TÜV as well as numerous cell and module manufacturers. The company is based in Neuchâtel in Switzerland.

In 2012, the Group headquarters were relocated to Thun following the move into the new building.

Between 2010 and 2012, the Group was significantly enlarged through various corporate takeovers in order to be able to cover the entire value chain (wafer–cell–module) in photovoltaic production with its own production machines. The most important products were diamond wire saws for cutting ultra-thin silicon wafers, coating systems to build functioning solar cells from wafers, and systems for the manufacture of complete solar modules.

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"Roth & Rau AG" was renamed "Meyer Burger (Germany) AG" in 2015. The company developed and produced systems and machines for surface processing in the photovoltaic industry and was instrumental in the industrialisation of the so-called PERC (Passivated Emitter and Rear Contact) technology. In addition, the company develops and builds mass production systems for the manufacture of highly efficient solar cells with heterojunction technology.

In the meantime, the corporate structure has been adapted and the focus has been placed on the areas of solar cell production and connection, i.e. on heterojunction cell coating and SmartWire Connection Technology for cell connection. In this context, the entire "Sawing and Cutting Technology" division was sold to "Precision Surfacing Solutions" in May 2019. While the company is still headquartered in Thun, Meyer Burger operates its equipment production and R&D site in Hohenstein-Ernstthal, where Meyer Burger acquired a majority stake in Roth & Rau in 2011.

After a public dispute between the board of directors and the main shareholders, including "Sentis Capital" and "Elysium Capital", shareholder representatives were elected to the top management body and a changed corporate strategy was announced in mid-2020 after eight years of losses. A capital increase of 165 million Swiss francs was carried out to enable a realignment; "Sentis Capital" committed in advance to contribute 50 million Swiss francs.

In May 2025, Meyer Solar halted its U.S. manufacturing operations and shuttered its Arizona manufacturing plant, which opened in January 2024, resulting in the layoff of nearly 300 workers. On June 2, 2025, Meyer Burger Germany filed for insolvency proceedings and halted manufacturing operations there as well. On June 25, 2025, Meyer Burger filed for Chapter 11 bankruptcy protection, stating that its European and U.S. operations have been struggling to compete with Asian-imported solar panels. The company listed assets between $100 million and $500 million and liabilities between $500 million and $1 billion. In September 2025, the company admitted that it was unable to find a buyer for its assets, and that it would sell its solar panel manufacturing equipment to Waaree Energies. However, in March 2026, the company's assets and IP would be sold to California-based Swift Solar for an undisclosed amount.

From Wikipedia’s article on Meyer Burger, shared under CC BY-SA 4.0.5

Leadership

Who has led Meyer Burger, and when. Pick a name to see everywhere that person has worked.

197019801990200020102020

Products and brands

In the course of a realignment of the company, Meyer Burger has sold some business units and subsidiaries, in particular as of 2018.

The company "3S Industries" with, among others, the business units "3S Modultec" and "3S Photovoltaics" merged with Meyer Burger in 2010 and continued as the business unit "3S Photovoltaics". The brands "3S Modultec" and "Solar Building Technologies" were subsequently created. The business unit was later integrated into Meyer Burger's "Energy Systems" business unit and in 2018 was spun off and sold as a separate company, "3S Solar Plus Ltd."

The "Sawing and Cutting Technology" business unit was sold to "Precision Surfacing Solutions" (PSS) for CHF 50 million at the end of April 2019.

Meyer Burger Group also included "AIS Automation Dresden GmbH" until 2019. It was then sold to S&T.

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In the course of the acquisition of "Roth & Rau AG" in 2011, "Roth & Rau Netherlands B.V." also became part of the Meyer Burger Group. The business unit was sold in December 2019. Part of "Roth & Rau AG" was also "Muegge GmbH" which was sold in August 2020.

From Wikipedia’s article on Meyer Burger, shared under CC BY-SA 4.0.5

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2022147.2M CHF1

Timeline

  1. Jan 1, 2017New chief executive Hans Brändle becomes CEO1
  2. 2002New chief executive Peter Pauli becomes CEO1
  3. 1953Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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