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Voltabox to acquire Navitas in move on US lithium market

Tue, 08/07/2018 - 11:58 -- John Shepherd
Voltabox to acquire Navitas in move on US lithium market

Germany-based lithium-ion battery manufacturer Voltabox is set to acquire US battery tech firm Navitas Systems for US$43 million.

Voltabox, majority-owned by private equity company Paragon, said the move will increase its North American market access and give it entry into the production of highly specialised battery cells.

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