Aurelius Investment Lux Sixteen S.à r.l. (AURELIUS) has completed the acquisition of FIAMM Energy Technology S.p.A. (FIAMM) from Resonac Corporation (Resonac), following the completion of all post-signing verifications and regulatory approvals.
As part of the deal, AURELIUS has taken over all employees and business a
The European Commission has approved the acquisition of FIAMM Energy Technology S.p.A. (FIAMM) by the AURELIUS group (AURELIUS), under the EU Merger Regulation.
The transaction, which primarily involves the design, production, sale, and distribution of lead-acid batteries, was examined under the simplified merger rev
FIAMM Energy Technology S.p.A. (FET) (formerly known as FIAMM S.p.A) announced that its parent company, Resonac Corporation (Resonac), has entered into a definitive agreement to sell FET to Aurelius Investment Lux Sixteen S.à r.l. (AURELIUS).
Subject to customary closing conditions, Resonac will transfer all shares o
FIAMM Energy Technology announced that it will provide its advanced flooded battery (AFB) technology to power Ford Start-Stop vehicles. It will supply the AFB batteries from Veronella (VR) plant in Italy. AFB batteries are a proven advanced energy storage solution for start-stop vehicles in Europe, where FIAMM has ma
FIAMM Energy Technology announced that it is consolidating its leadership in AGM auxiliary batteries for Start&Stop systems with almost eight million units produced and has added a new OEM supply for hybrid applications to its already extensive customer portfolio. In 2010, FIAMM launched the BTX12 and BTX14 batteries
The European Commission approved, under the EU Merger Regulation, the acquisition of sole control over Fiamm Energy Technology S.p.A of Italy by Hitachi Chemical Company of Japan. The Commission concluded that the proposed acquisition would raise no competition concerns, given that Fiamm Energy Technology is currentl
FIAMM Energy announced that the "Manufacture of batteries and accumulators" is authorized, therefore it continues to guarantee the production, the delivery of its products and the services provided by its company. It has arranged appropriate work methods including ‘smart working’ where possible and the necessary acti
FIAMM Energy announced that Hitachi Chemical Co., Ltd. (holding 51% of FIAMM Energy Technology capital share) selected Showa Denko K. K. as a new partner and would express its opinion supporting the tender offer for Hitachi Chemical’s shares by Showa Denko and recommend its shareholders to tender their shares in the
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