Announced
Completed
Synopsis
Prettl, a German group of companies active in automotive, energy, electronics and components industries, completed the acquisition of Johnson Matthey Battery Systems, a developer, designer and producer of advanced lithium-ion battery systems from Johnson Matthey, an international speciality chemicals company. Financial terms were not disclosed. The acquisition is a chance for Prettl Group to strengthen its competitiveness and sustainability initiative by entering into rapidly growing market for intelligent, battery-powered products.
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