TRANSACTION

·

May 2019

Gimv Invests in Smart Battery Solutions

Kleinostheim, May 28, 2019. Gimv acquires a majority stake in Smart Battery Solutions GmbH (SBS). With Gimv’s support, the company plans to continue its growth trajectory in the dynamic battery market, expand its workforce, and increase production capacity. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of Gimv.

INVESTOR

Gimv NV (Smart Industries)

→

TARGET

Smart Battery Solutions GmbH (SBS)

Headquarters
Kleinostheim near Frankfurt (Germany)
Founded
2010
Employees
~50
Transaction
A majority stake held jointly with the four founders

ABOUT THE COMPANY

Smart Battery Solutions GmbH (SBS)

Smart Battery Solutions was founded in 2010 by four industry experts and today employs approximately 50 people. The company develops, manufactures, and distributes lithium-ion battery systems in the low-voltage segment up to 60 volts for e-mobility applications (e-bikes, e-scooters, watercraft, drones) as well as for stationary applications.

ABOUT THE INVESTOR

Gimv NV (Smart Industries)

Gimv is a European investment firm listed on Euronext Brussels that operates the Smart Industries platform, which supports fast-growing industrial companies.

OUR ROLE

Commercial Due Diligence

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.