Britishvolt acquires battery cell manufacturer

Chad Elmore Managing Editor, Power Progress

25 May 2022

EAS acquisition expected to complement Britishvolt’s work in electrified transportation, energy storage

Battery cell technology supplier Britishvolt has signed a Sale and Purchase Agreement (SPA) with battery solutions company Monbat Group to purchase its subsidiary EAS, a technology battery cell innovator and manufacturer based in Nordhausen, Germany. The agreement values EAS at $38 million (€36 million) and is subject to completion and…

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