If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

acquisition

Canadian company buys out South Korea’s iQ Power

Thu, 12/07/2017 - 10:19 -- News Editor
Canadian company buys out South Korea’s iQ Power

South Korea’s battery manufacturer iQ Power Asia Inc. has been acquired by Vancouver-based lead-acid battery maker Discover Energy and will operates as a subsidiary under a new name.

The new business is called Discover MIXTECH Manufacturing Co Ltd and will be led by Steve Nam, the South Korean manufacturing site helps secure Discover’s global supply of automotive and commercial batteries.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

LG Chem ‘buys stake in nickel sulfate supplier’

Thu, 11/16/2017 - 10:56 -- Xuan Zhong
LG Chem ‘buys stake in nickel sulfate supplier’

LG Chem has reportedly invested KRW1 billion ($897,000) to acquire a 10% stake in South Korean nickel sulfate supplier company Kemco, with the aim of boosting its lithium-ion battery business for the electric vehicles market.

The South Korean tech firm will enter the batteries raw material business in the new year, the Maeil Business Newspaperquoted an unnamed LG Chem source as saying.

 
The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Monbat snaps up Italian battery recycling business

Mon, 10/02/2017 - 14:10 -- News Editor
Monbat snaps up Italian battery recycling business

Bulgarian lead-acid battery manufacturer Monbat is to acquire Italian battery recycling company Piombifera Italiana for an undisclosed sum.

The acquisition, to be made through Monbat’s recycling subsidiary, was triggered by “the increased demand for raw materials for the production of lead batteries”, Monbat said in a statement to Bulgaria’s Financial Supervision Commission.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

RES in new battery storage sale

Fri, 08/25/2017 - 14:14 -- News Editor
RES in new battery storage sale

London-listed investment company TRIG has acquired 100% of an energy storage project in Scotland for GBP20 million ($26m) from renewable energy developer RES (Renewable Energy Systems).

The 20MW energy storage site in Broxburn, equipped with Samsung SDI’s lithium-ion technology, was developed and will be operated by RES.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Aquion ‘reborn’ under China-linked JV

Mon, 08/14/2017 - 12:07 -- News Editor
Aquion ‘reborn’ under China-linked JV

Sodium-ion batteries manufacturer Aquion Energy is back in operation – under new ownership and with a new name – after emerging from Chapter 11 bankruptcy in the US.

Aquion, now known as AEI Winddown, has been acquired in a bankruptcy auction by “a majority-American joint venture” for what Bloomberg said was $9.16 million.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Aggreko in £40M deal to acquire Younicos

Wed, 07/12/2017 - 10:17 -- News Editor
Aggreko in £40M deal to acquire Younicos

Scotland-based Aggreko has announced a £40 million ($51.8 million) deal to acquire German renewables and energy storage provide firm Younicos.

Aggreko, which is based in Glasgow, said it had set its sights on Younicos’ integrated battery storage technology, which could be deployed across Aggreko’s existing business to “lower the cost of energy, ensure reliability and reduce carbon emissions” for its customers.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Mining firm digs battery tester

Thu, 06/01/2017 - 10:51 -- Xuan Zhong
Mining firm digs battery tester

Brisbane-based mining minnow Graphitecorp is buying the rest of Novonix, a battery testing equipment provider based in Canada.

Graphitecorp, which is developing a graphite mine in western Queensland, Australia, bought two-thirds of Novonix in March. Now it has agreed to buy the remaining third from Contemporary Amperex Technology Co Ltd (CATL), a lithium-ion battery maker in China. The deal is due for completion on 1 June.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Maxwell acquires Nesscap Energy

Wed, 05/10/2017 - 10:02 -- Xuan Zhong
Maxwell acquires Nesscap Energy

California’s ultracapacitor firm Maxwell Technologies has announced that it has substantially completed its acquisition of the assets and business, including the operating entities, of Nesscap Energy, a South Korea-based ultracapacitor maker.

The Nesscap business includes research, development and manufacturing of energy storage and power delivery solutions with operations in Korea, Germany, and China.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Johnson Matthey closes US$75m Li-ion deal with Clariant

Fri, 03/06/2015 - 12:30 -- Paul Crompton
Johnson Matthey has bought Clariant’s lithium-ion battery materials energy storage.

UK based electro-chemical battery manufacturer Johnson Matthey (JM) Plc has bought Clariant’s lithium-ion battery materials energy storage business for US$75 million.

The acquisition of the Swiss chemical company’s Business Line Energy Storage was announced in October 2014, but only closed on February 28th 2015.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.
Subscribe to acquisition