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  5. Advik Acquires Aceleron Energy

M&A Deal Summary

Advik Acquires Aceleron Energy

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

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

M&A Deal Summary
Date 2024-04-08
Target Aceleron Energy
Sector Electrical Equipment
Buyer(s) Advik
Deal Type Special Situations/Distressed

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 1 of 1
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