Special Situations/Distressed • Electrical Equipment

Advik Acquires Aceleron Energy

On April 8, 2024, Advik acquired electrical equipment company Aceleron Energy

Acquisition Context

This is Advik’s 1st transaction in the Electrical Equipment sector.
This is Advik’s 1st transaction in the United Kingdom.

Explore All 13 Special Situations/Distressed Electrical Equipment Deals - Search the Database Free

M&A Deal Summary
Date	April 8, 2024
Target	Aceleron Energy
Sector	Electrical Equipment
Buyer(s)	Advik
Deal Type	Special Situations/Distressed

Target Company

Aceleron Energy

Bromsgrove, United Kingdom

Aceleron Energy is an innovative clean technology company, designing and building lithium-ion batteries. Aceleron Energy makes better lithium-ion batteries created with true sustainability in mind. Aceleron Energy was founded in 2016 and is based in Bromsgrove, United Kingdom.

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Buyer Overview 1

Buyer

Advik

Pune, India

Category	Company
Founded	2000
Sector	Automotive

DESCRIPTION

Advik is a manufacturer of precision components and systems for automotive and industrial markets worldwide. Advik was founded in 2000 and is based in Pune, Maharashtra.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Electrical Equipment	1 of 1
Type: Special Situations/Distressed	1 of 1
Country: United Kingdom	1 of 1
Year: 2024	1 of 1

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