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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Miba takes 25.1% stake in battery systems manufacturer Voltlabor · Endata

◂ Announcements

Jul 12, 2019ACQUISITIONBad Leonfelden, Upper Austria, Austria

Miba takes 25.1% stake in battery systems manufacturer Voltlabor

Miba acquired a 25.1% stake in Voltlabor, an Austrian battery systems manufacturer, to combine expertise in thermal management and battery components for electric drives.

Value

$55.5M (50.0M EUR)

Status

Completed

Productsbattery systemsbattery cooling systems

CompaniesMiba AG acquirer Voltlabor target Zollern GmbH & Co. KG target

Sectors#Automotive Components #Electrical Equipment

“Investing in Voltlabor to expand our expertise toward complete battery systems is the next logical step.”miba.com

2 sources
miba.comMiba: Miba invests in battery systems manufacturer VoltlaborJul 12, 2019
lexology.comGerman Federal Minister of Economics and Energy overrides the prohibition of a slide-bearing business joint venture for environmental policy reasons - LexologyDaniela Seeliger, Christoph Barth, Toni EbbighausenAug 27, 2019

Summarized from public sources; check the original articles before acting on it.

More from Miba AG

May 23, 2022ACQUISITIONBad Leonfelden, Austria
Miba acquires majority stake in battery specialist Voltlabor
Miba AG acquirer Voltlabor target miba.com
Feb 17, 2021INVESTMENTKirchbach and St. Stefan im Rosental, Styria, Austria$2.40Mops Jan 2022
EBG Resistors invests €2 million in production facilities for e-mobility resistors
EBG Resistors Miba AG investor miba.com
Nov 21, 2019NEW FACILITYPune, India
Miba opens new production site in Pune, India for friction components
Miba AG miba.com
Oct 1, 2019PARTNERSHIP
Miba and Zollern launch plain bearing joint venture
Miba AG Zollern partner miba.com
Oct 1, 2019PARTNERSHIPLaakirchen, Austria, Austria
Miba and Zollern launch joint venture in bearings segment
Miba AG partner Zollern partner miba.com
Aug 19, 2019ACQUISITIONGermany$55.0M
German minister clears Miba-Zollern joint venture
Miba AG partner Zollern GmbH & Co. KG partner clearyantitrustwatch.com

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