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New Deal


Announced

Completed

Mercuria completed the acquisition of a minority stake in Natron Energy.

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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Private

Single Bidder

Electronic Components and Equipment

battery

United States

Acquisition

Cross Border

Completed

Friendly

Minority

Synopsis

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Mercuria, an energy and commodity group, completed the acquisition of a minority stake in Natron Energy, a manufacturer of sodium-ion batteries. Financial terms were not disclosed. “Mercuria’s investment bolsters Natron’s expansion into oil and gas and alternative energy markets and advances carbon reduction initiatives in the oilfield and elsewhere. This is the third such investment in Natron in the last four months, consistent with market enthusiasm for our technology. Mercuria’s investment will accelerate our plans for the world’s first mass production of sodium-ion batteries," Colin Wessells, Natron Co-Founder and CEO.

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