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New Deal


Announced

Completed

Glencore completed the investment in Britishvolt.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electronic Components and Equipment

Minority

battery cell technologies

Cross Border

Completed

Private

Acquisition

United Kingdom

Single Bidder

Friendly

Synopsis

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Glencore, a commodity trading and mining company, completed the investment in Britishvolt, UK’s investor in lithium-ion battery cell technologies and associated R&D. Financial terms were not disclosed. “This is a huge step in the right direction for Britishvolt as we look to accelerate the transition to a low carbon society. By partnering with Glencore, we are locking in supply and derisking the project," Orral Nadjari, Britishvolt CEO and Founder.

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