Leclanché has reached an agreement with Emrol to acquire 100% of the assets of its Trineuron division. Emrol owner and managing director Stefan Louis will in return obtain a stake in Leclanché and assume the role of Chief Strategy Officer. CASE Corporate Finance acted as sole financial advisor to Emrol BVBA.
Trineuron is a division of Emrol engaged in the engineering and production of lithium-ion batteries, chargers, management electronics and software. It offers promising technology for the strongly growing Electric Vehicle market, in particular for public transportation by bus.
Acquiring Trineuron allows Leclanché, the publicly-listed Swiss battery manufacturer, to fully integrate the Trineuron technology in its existing product range, while offering Trineuron a global distribution network which is key to become market leader in a rapidly developing market.