Announced
Synopsis
German battery manufacturer Voltabox acquired Navitas Systems, a specialist for battery systems in the intralogistic area, for $43m. The acquisition presents the first forage into battery cell technology for the Germans, even if only in the sector of specialty manufacturing. The company maintains their resource supply from a number of manufacturers from China, the USA, Korea and Japan, but has acquired some manufacturing competency with the acquisition, particularly in specialist areas.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.