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Beam Global Closes Strategic Acquisition Of Allcell Technologies, A Leader In Energy Storage Solutions

Mar 04, 2022•over 3 years ago

Acquiring Company

Beam Global

Acquired Company

AllCell Technologies

San DiegoRenewable Energy

Description

Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative, sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, today announced that it has successfully closed the all-stock transaction to acquire AllCell Technologies, a leader in energy storage solutions and technologies, announced last week. A recorded video interview with Beam CEO, Desmond Wheatley, discussing the deal is currently live on the Beam blog.

Company Information

Company

Beam Global

Location

San Diego, California, United States

About

Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Headquartered in San Diego with facilities in Chicago, Belgrade and Kraljevo, Beam Global has a deep patent portfolio and is publicly traded on Nasdaq under the symbols BEEM and BEEMW.

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Integration timeline
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