# Sunlight Group acquires 65% stake in Logbatind

Greek battery maker Sunlight Group acquired a 65% share in Portuguese company Logbatind, which sells, repairs and maintains industrial batteries and chargers, expanding its presence in the Iberian region.

- Type: Acquisition
- Announced: 2023-06-20
- Where: Braga, Portugal, Portugal
- Status: completed
- Products: industrial batteries, chargers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sunlight](https://endata.com/companies/51105.md) (acquirer)
- [Logbatind](https://endata.com/companies/70919.md) (target)

## Sources

- [sinolift.com](https://sinolift.com/shownews.asp?BigClass=Industry+Event&id=384), 2023-06-20: "Sunlight Group invested in its long-time partner by subscribing to Logbatind’s share capital increase, in the process expanding its presense in the Iberian region."

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