# Sunlight Group acquires 100% of Triathlon Holding

Sunlight Group Energy Storage Systems acquired 100% of Triathlon Holding GmbH, following an initial 51% stake earlier in 2023, to unify operations and become a champion in industrial mobility batteries and energy storage.

- Type: Acquisition
- Announced: 2023-07-18
- Where: Munich, Germany, Germany
- Status: completed
- Products: industrial mobility batteries, energy storage systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Triathlon Holding](https://endata.com/companies/41195.md) (target)
- [Sunlight Group Energy Storage Systems](https://endata.com/companies/60335.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sunlight-group-acquires-100-of-triathlon-holding-301880112.html), 2023-07-18: "The holding of 100% of Triathlon has the potential to maximize said synergies much faster for the benefit of customers, shareholders, stakeholders and the more than 3,200 employees of Sunlight Group."

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