# LG Energy Solution to acquire full ownership of NextStar Energy from Stellantis

LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49% equity stake. NextStar Energy operates Canada's first large-scale battery manufacturing facility in Windsor, Ontario. More than $5 billion CAD has been invested to date.

- Type: Acquisition
- Announced: 2018-05-22
- Where: Windsor, Ontario, Canada
- Status: announced
- Products: batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (partner)
- [LG Energy Solution](https://endata.com/companies/11181.md) (acquirer)
- [NextStar Energy](https://endata.com/companies/32018.md) (target)

## Sources

- [smb.amnews.com](https://smb.amnews.com/article/LG-Energy-Solution-to-Acquire-Full-Ownership-of-NextStar-Energy-in-Joint-Strategic-Decision-with-Stellantis/698596fac8b155128b416e8a), 2018-05-22: "LG Energy Solution, Stellantis, and NextStar Energy today announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49 per cent equity stake to LG Energy Solution."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.