London—Dentons has advised Britishvolt on their acquisition of EAS Batteries, the German-based advanced technology battery cell manufacturer, for €36 million from the Monbat Group. EAS is a pioneer in developing and producing large format lithium-ion battery cells using innovative and compact electrode production technology. The acquisition complements Britishvolt’s drive to lead in the R&D, manufacture of electrified transportation and sustainable energy storage markets.

The team was led by Energy Partner Humphrey Douglas with assistance from Corporate Partner Adam Knowles, Corporate Senior Associate Joe Collingwood, Corporate Associate Rachel Gibb, Energy, Transport and Infrastructure Associate Mel Mahon and Energy, Transport and Infrastructure Solicitor Shinae Lee. The team was also supported by Tax Partner Lorna McCaa, Tax Senior Associate Rachel Beveridge, Competition Counsel Rebecca Owen-Howes and Competition Associate Megan Penny in the UK and by our colleagues across our German offices including Corporate Partners Clemens Maschke and Gabriele Haas, Corporate Counsel Hilke Schmitt, Competition Partner Maria Brakalova, Tax Partner Dominik Thomer, Tax Senior Associate Holger Hölkemeier, Corporate Senior Associate Lieor Koblenz, Employment Partner Frank Lenzen, Employment Partner Sascha Grosjean and Employment Senior Associate Wiebke Schulz.

Commenting on the acquisition, Founder / CEO Orral Nadjari of Britishvolt notes:"This acquisition – the second in our short history, and first overseas – underscores the drive and determination of Britishvolt to offer best-in-class battery solutions to our customers. Following on from our recent announcement of a development path to marine battery solutions, EAS will also facilitate getting battery systems to this particular market segment quicker and help the pathway to decarbonisation. EAS has a proven track record in providing innovative, tailor-made battery cell solutions for its customers, and it makes strategic sense so that we join forces and grow together."

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