◂ Announcements

Jan 1, 2024ACQUISITIONRayong, Thailand

GPSC's Nuovo Plus signs business transfer agreement with 24M Technologies

Nuovo Plus Company Limited, a joint venture between Arun Plus and GPSC, has signed a business transfer agreement with 24M Technologies to restructure the battery business, with Nuovo Plus acquiring shares in 24M.

Status

Completed

Productsbattery technologyLFP battery recycling technologyenergy storage systems

CompaniesNuovo Plus Company Limited Global Power Synergy Public Company Limited investor 24M Technologies target Arun Plus Company Limited partner

Sectors#Semiconductors and Industrial Electronics

“The acquisition of the Nuovo Plus facility in Rayong by 24M Technologies (Thailand) Co., Ltd. is expected to be completed within the second quarter of 2024.”kaohooninternational.com

1 source
kaohooninternational.comGPSC Launches Plan to Accelerate the Development of Battery Technology with 24M Technologies - KAOHOON INTERNATIONALJul 5, 2024

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

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