Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming
Green Car Congress
FEBRUARY 4, 2019
Freudenberg Sealing Technologies has become majority stakeholder of XALT Energy, a Midland, Mich.-based In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy through a multi-million dollar investment in its operations. Earlier post.) We are delighted with this strategic venture.
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