On the way to becoming a true global market leader
Pooling strengths for global leadership
- In 2023, the close partnership between the Sunlight Group and TRIATHLON, which has lasted over two decades, has entered a new phase. After the Sunlight Group initially acquired 51% of the shares in TRIATHLON at the beginning of February, the takeover of the remaining 49% followed in mid-July.
- The 100% stake in TRIATHLON has the potential to realize even faster the synergies already targeted in the first step of the M&A process for the benefit of customers, shareholders, stakeholders and the Group's more than 3,200 employees.
- This will enable the merged and significantly strengthened Sunlight Group to leverage its combined strengths and resources to take a pioneering role in the industry and make the most of opportunities as they arise – both in the industrial mobility battery sector and in the fast-growing renewable energy storage sector, on which the company has a strong focus.
- The acquisition agreement also results in the optimization of globally operated manufacturing facilities under a single management team to enable better service regardless of location or customer base. In addition, the move will help accelerate the pace of innovation in the critical area of lithium-ion technology, where Sunlight Group has strong capabilities and is investing significant resources to further improve the technology.
- 30+ years experience in the battery market
- Represented with locations on 4 continents and in 14 countries
- 35+ locations
- 3,100 employees
- 5 R&D centers
- 4 battery technologies in use
