FRANKFURT -- Germany's Varta said on Tuesday it was selling its autos batteries business to U.S.-based Johnson Controls in a transaction worth $308 million, as it focuses on micro batteries. Johnson ...
Johnson Controls Inc., Glendale, said Tuesday it would buy the automotive battery business from German manufacturer Varta AG for 312.5 million Euros, or about $319.2 million. The deal expands the ...
Hannover, Germany-based Varta and Johnson Controls of Milwaukee, in the US have signed a contract whereby Johnson Controls will acquire Varta’s automotive battery division near the end of this year.
German battery firm Varta has signed a deal that will see Johnson Controls acquire Varta’s automotive battery division by the end of this year. Johnson Controls is paying 312.5m Euro for the division, ...
IHRINGEN, Germany and HANNOVER, Germany, Oct. 29, 2024 /PRNewswire/ -- VARTA®, a brand of the global market leader for advanced energy storage solutions Clarios, and Hella Gutmann Solutions have ...
With its innovative technology VARTA® is at the forefront to move automotive aftermarket battery business to the next level. Driven by OEM requirements translated to sustainable aftermarket needs.
Porsche is playing a role in the financial reorganisation of battery giant Varta AG. It says its part in the rescue will secure future supplies of high-performance batteries for future electrified ...
New colour-coded portfolio simplifying selection of low-voltage vehicle batteries for wholesalers, workshops, and fleets. Addressing the demand for Advanced Batteries ensuring optimised performance ...
FRANKFURT (Reuters) -German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.
Varta will supply its V4Drive battery cell to the Volkswagen AG unit, said the spokesperson, who declined to be more specific. Varta said last month it had won a first customer from the automotive ...
In a pilot project, both the partners have jointly developed an innovative product: A replaceable 48-volt battery pack for electrically powered two-wheelers with a power of 10 kW and more. New Delhi: ...