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Tovarna Akumulatorskih Baterij (TAB)

Metair looks to pick up TAB for new lead investment

Mon, 06/11/2018 - 11:51 -- John Shepherd
Metair looks to pick up TAB for new lead investment

South Africa-based automotive and energy storage group Metair Investments has launched a EUR300 million ($353m) bid to acquire European lead battery firm Tovarna Akumulatorskih Baterij (TAB).

Metair said the bid is still “in the early stages”— but confirmed it is in exclusive talks that could see it take control of and expand TAB’s international automotive batteries and energy storage business.

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