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  5. Evolito Acquires Electroflight

M&A Deal Summary

Evolito Acquires Electroflight

On July 5, 2022, Evolito acquired electrical equipment company Electroflight

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

M&A Deal Summary
Date 2022-07-05
Target Electroflight
Sector Electrical Equipment
Buyer(s) Evolito
Deal Type Add-on Acquisition

Target

Electroflight

Gloucestershire, United Kingdom
Electroflight designs and manufactures lightweight bespoke battery systems with unprecedented levels of energy density. Electroflight is based in Gloucestershire, United Kingdom.

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Buyer(S) 1

Buyer

Evolito

Kidlington, United Kingdom
Category Company
Sector Aerospace
DESCRIPTION

Evolito is an Electric Propulsion Company designing and manufacturing electric motors and controllers for aerospace applications. Evolito is based in Kidlington, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2022 M&A 1 of 1
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