# Miba acquires majority stake in battery specialist Voltlabor

Miba acquired a majority stake in Voltlabor, a battery systems developer and producer. The company will be renamed Miba Battery Systems, and a new production plant, VOLTfactory #1, is being built in Bad Leonfelden, Austria.

- Type: Acquisition
- Announced: 2022-05-23
- Where: Bad Leonfelden, Austria
- Status: announced
- Products: battery systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Miba AG](https://endata.com/companies/1421.md) (acquirer)
- [Voltlabor](https://endata.com/companies/40610.md) (target)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-group-9-percent-increase-in-revenue-in-fiscal-year-2021-22-technologies-for-greater-energy-efficiency-as-growth-drivers-1), 2022-05-23: "The acquisition of a majority stake in Voltlabor is an important milestone in the implementation of our corporate strategy 'Miba 100'."

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