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Koura, An Orbia Company, Acquires Battery Technology Company Silatronix To Meet Growing Global Demand For Energy Storage

PRIVATENov 03, 2021

Acquiring Company

Koura

Acquired Company

Silatronix, Inc.

MadisonFinancial ServicesManufacturingEnergyHardwareConsumer Electronics

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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Company Information

Company

Koura

About

Koura is a global leader in the development, manufacture, and supply of fluoroproducts that play a fundamental role in enhancing everyday lives. Koura is a part of the Orbia community of companies, working together to tackle some of the world's most complex challenges. Koura's products are used in a vast range of applications including energy storage, construction of towns and cities, keeping homes cool, food fresh and even in the treatment of respiratory conditions. Headquartered in Boston, Koura has commercial activities across the world, with operations in the United Kingdom, Mexico, United States, India and Japan.

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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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