Koura, An Orbia Company, Acquires Battery Technology Company Silatronix To Meet Growing Global Demand For Energy Storage
Acquiring Company
Koura
Acquired Company
Silatronix, Inc.
Description
Koura, a global leader in the development, manufacture, and supply of fluoroproducts and technologies and part of the Orbia community of companies, announced that it has signed a definitive agreement to acquire Madison, Wisconsin-based Silatronix, a leading battery technology start-up. Koura is executing on a comprehensive energy materials strategy and this acquisition complements its capabilities in energy storage deployment—presently, an area of accelerated need and demand for a renewable future.
Quick answer
Koura is acquiring Silatronix, Inc., announced November 3, 2021.
- Who acquired Silatronix, Inc?
- Koura agreed to acquire Silatronix, Inc. on November 3, 2021.
- How much did Koura pay for Silatronix, Inc?
- The deal value was not disclosed.
- What does Koura do?
- Koura is a global leader in the development, manufacture, and supply of fluoroproducts that play a fundamental role in enhancing everyday lives.
- Where are Koura and Silatronix, Inc. based?
- Silatronix, Inc. is based in Madison, Wisconsin, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Silatronix, Inc.?
Silatronix, Inc. was acquired by Koura. The deal was reported on November 3, 2021. Koura is a global leader in the development, manufacture, and supply of fluoroproducts that play a fundamental role in enhancing everyday lives. Koura is privately held and operates in Financial Services.
When did Koura acquire Silatronix, Inc.?
Koura's acquisition of Silatronix, Inc. was reported on November 3, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Silatronix, Inc. do?
Based in Madison, Wisconsin, Silatronix was established in 2007 as a high-tech incubator for battery technology by Dr. Robert West and Dr. Robert Hamers, both of the University of Wisconsin-Madison. It is privately held, operating in Manufacturing, and is based in Madison.
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