# Sunlight Group acquires 80% of PBM

Sunlight Group signed an agreement to acquire 80% of PBM S.R.L., an Italian manufacturer of battery chargers. The deal was signed on April 29, 2022.

- Type: Acquisition
- Announced: 2022-04-29
- Where: Vignola, Italy
- Status: announced
- Products: battery chargers, industrial electronic devices
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [PBM Inc](https://endata.com/companies/5416.md) (target)
- [Sunlight](https://endata.com/companies/51105.md) (acquirer)

## Sources

- [emeastartups.com](https://emeastartups.com/sunlight-group-continues-to-expand-with-the-acquisition-of-pbm/10406), 2022-05-05: "We are pleased to announce the signing of this agreement that strengthens our long-standing cooperation with a trusted supplier, such as PBM."

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