Britishvolt to buy German battery cell manufacturer EAS

Britishvolt has signed a sale and purchase agreement with the Monbat Group to buy German battery cell developer and manufacturer EAS, the UK-based battery manufacturer said on Tuesday May 24.

According to Britishvolt, the deal values the Nordhausen, Germany-based company at €36 million ($38.5 million). Completion of the deal is subject to regulatory approvals.

EAS produces large format lithium-ion...

Published

Andrea Hotter

May 24, 2022

14:36 GMT

New York