Pivotal Battery acquired Integral Technologies.

Pivotal Battery, a Delaware corporation, acquired Integral Technologies, a company that researches, develops, and commercializes its proprietary technologies. Financial terms were not disclosed. The acquisition of Technology forms an important, long-term strategic alliance with Integral. As per the terms of the transaction, Integral will obtain an equity position in Pivotal and will also be the exclusive supplier of ElectriPlast for 10 years, with follow-on renewal options. “Our initial focus is in advanced battery applications in the $40bn lead-acid battery market, including stop-start applications in automotive, as well as batteries for the micro vehicle market and other low-speed electric vehicles. The stationary market is also an important sector with a focus on telecom and grid storage applications. A key driver to our success will be the positive impact our batteries will have on the environment since our batteries will be fully recyclable.” Richard Bogan, Pivotal Battery Managing Director.