Announced
Financials
Sources
Tags
batteries
Acquisition
Pending
Majority
Friendly
Single Bidder
Private
United Kingdom
Cross Border
chemicals
Specialty Chemicals
Synopsis
EV Metals, a battery materials and technology company, agreed to acquire Johnson Matthey’s Battery Materials business for £50m. “The acquisition of the Battery Materials business is a strong strategic fit for EVM and accelerates our mission to become the Western world’s pre-eminent CAM producer. We are pleased to welcome the management and technical team of the Battery Materials business to EVM and look forward to working with them as a strategic business unit within EVM Group,” Michael Naylor, EV Metals Group Managing Director and CEO.
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