TOYO - Mergers and acquisitions

TOKYO, Dec. 8, 2025 /PRNewswire/ -- TOYO Co., Ltd (NASDAQ:TOYO) (OTC:TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it has acquired the remaining 24.99% membership interest in its U.S. subsidiary, TOYO Solar LLC, making it a wholly owned subsidiary of the Company. This transaction follows TOYO's recent strategic expansion into U.S.-based manufacturing and underscores the Company's commitment to strengthening its presence in the American solar supply chain. TOYO Solar LLC is currently advancing the development of a 2.5GW solar module manufacturing facility in Texas. Junsei Ryu, Chairman and CEO of TOYO, commented: "This acquisition marks a key milestone in

TOKYO, Sept. 4, 2025 /PRNewswire/ -- TOYO Co., Ltd (NASDAQ:TOYO) (OTC:TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced the acquisition of the VSUN brand from its sister company, Vietnam Sunergy Joint Stock Company ("VSUN Co"), a solar module provider. This strategic acquisition reflects the ongoing efforts of shareholders and management of TOYO, to streamline and unify operations of TOYO by consolidating the VSUN brand under TOYO to enhance its shareholder value. VSUN Brand at a Glance: VSUN Co and TOYO are sister companies not only because of the common control under a majority shareholder Abalance Corporation, but also because of extensive business collaborati

Move to accelerate TOYO's plans for "made-in-America" modules with 2.5 gigawatts initial capacityHOUSTON and TOKYO, Nov. 25, 2024 /PRNewswire/ -- TOYO Co., Ltd (NASDAQ:TOYO) ("TOYO" or the "Company"), a solar solution company, today announced it has agreed to acquire 100% of membership interests in Solar Plus Technology Texas LLC("Solar Plus") located in Houston metropolitan area, Texas, via its subsidiary TOYO Solar LLC.  Key Highlights Facility details: The newly leased facility spans 567,140 square feet which we plan to accommodate 2.5 GW of solar module manufacturing capacity and further expand it to 6.5 GW by 2029. The factory construction of Phase 1 of the facility has been completed