Sunlight Group acquires majority stake in Lehmann | Finance news

Daylight Group, half of Olympia Group, has signed an investment settlement to accumulate a 51% stake in Lehmann Marine from Hopen.

The acquisition is anticipated to strengthen Daylight’s presence within the vitality options market and develop its portfolio of “innovative” applied sciences.

Lehmann Marine, primarily based in Seevetal-Hittfeld, Germany, produces non-flammable lithium iron phosphate (LFP) battery systems, which have acquired approval from worldwide class societies corresponding to Bureau Veritas, DNV and RINA.

Daylight said that Lehmann Marine’s pipeline, which surpasses its present manufacturing capability, mixed with its “expertise” in scalability and manufacturing, is anticipated to “play a crucial role” in assembly the growing demand for maritime battery systems.

Lehmann Marine managing director Alexander Lehmann mentioned: “Partnering with Sunlight Group gives us a powerful ally. Their extensive knowledge and decades of experience in the global battery market will enhance our production significantly.

“This collaboration opens new avenues to more effectively satisfy the growing demand for our maritime energy storage solutions, including our CUBE and COBRA battery systems.”

The businesses’ analysis and development (R&D) groups will collaborate to develop new options.

Joint efforts, corresponding to shared lithium cell procurement, manufacturing line automation, and “cost optimisation in design”, purpose to improve operational environment friendly and product competitiveness, and velocity up manufacturing.

Daylight Group CEO Labros Bisalas mentioned: “We are particularly proud to welcome Lehmann Marine into the Sunlight Group family. This strategic acquisition highlights our ability to identify and seize high-value opportunities.

“By combining our expertise with Lehmann Marine’s, we are positioning ourselves at the forefront of the rapidly growing maritime battery market. Together, we are well-equipped to lead the transition to sustainable shipping solutions, driving both innovation and growth in an industry poised for significant expansion.”

Daylight has over 30 years of expertise in producing lead-acid and lithium-ion batteries, specialising in superior battery technology and manufacturing.

Its manufacturing services produce vitality options for industrial mobility and specialised sectors corresponding to submarine batteries.

“Sunlight Group acquires majority stake in Lehmann Marine” was initially created and revealed by Ship Expertise, a GlobalData owned model.

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