2 Acquisitions of Companies in the Battery Industry

January 15, 2023
Acquisitions Hub

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:

Ilminster, Somerset, United Kingdom

Where to find them:

Industry:

Battery, Environmental Consulting, Manufacturing

Details about the buyer:

Steatite designs, develops, and provides industrial and rugged computers, specialized lithium battery systems, and antennas & subsystems.

Headquarter:

Redditch, Worcestershire, United Kingdom

Where to find them:

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:

Jinan, Shandong, China

Where to find them:

Industry:

Battery, Energy, Manufacturing

Details about the buyer:

Construction equipment attachments are created, made, and sold by Yantai Eddie Precision Machinery.

Headquarter:

Yantai, Liaoning, China

Where to find them: