2 Acquisitions in the Battery industry

January 16, 2023

Company acquisitions in the Battery industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Battery industry.

Creasefield acquired by Steatite Ltd

Details about the transaction:

Acquisition amount: $2,219,682

Announcement: 1 June 2016

Details about the company:

makers of custom battery packs. We possess a variety of battery stocks in addition to developing and supplying batteries for harsh conditions.

Headquarter:

Where to find them: Website

Industry: Battery, Environmental Consulting, Manufacturing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Yien New Power acquired by Yantai Eddie Precision Machinery

Details about the transaction:

Acquisition amount: $17,034,566

Announcement: 15 November 2022

Details about the company:

Under HyperStrong, Yien New Power is a top domestic battery system integrator.

Headquarter:

Where to find them: Website

Industry: Battery, Energy, Manufacturing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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