Voltabox acquires Navitas Systems for EUR 37 million

Voltabox AG has agreed to purchase all shares in Navitas Systems, a US manufacturer of lithium-ion battery systems for intralogistics, for EUR 37 million. Navitas operates a 50,000 sq ft R&D and manufacturing centre in Ann Arbor, Michigan, and has a cell production capacity of 600,000 units per year.

“Through Navitas Systems, we will considerably accelerate our growth in the market for intralogistics.”evertiq.com

• 1 source
• evertiq.comVoltabox acquires lithium-ion battery systems maker Navitas SystemsEvertiqJul 2, 2018

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