M&A Deal Summary

Lyten Acquires Cuberg - San Leandro lithium-metal battery manufacturing facility and cell making equipment

On November 13, 2024, Lyten acquired electrical equipment company Cuberg - San Leandro lithium-metal battery manufacturing facility and cell making equipment from Cuberg

Acquisition Highlights
  • This is Lyten’s 1st transaction in the Electrical Equipment sector.
  • This is Lyten’s 1st transaction in the United States.
  • This is Lyten’s 1st transaction in California.

M&A Deal Summary
Date 2024-11-13
Target Cuberg - San Leandro lithium-metal battery manufacturing facility and cell making equipment
Sector Electrical Equipment
Buyer(s) Lyten
Sellers(s) Cuberg
Deal Type Divestiture

Target

Cuberg - San Leandro lithium-metal battery manufacturing facility and cell making equipment

San Leandro, California, United States
Cuberg's San Leandro lithium-metal battery manufacturing facility and cell making equipment is a 119,000 square foot facility in San Leandro that includes manufacturing, office, and warehouse space.

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Buyer(S) 1

Buyer

Lyten

San Jose, California, United States
Category Company
Founded 2015
Sector Electrical Equipment
DESCRIPTION

Lyten is a provider of lithium-sulfur battery technology. Lyten’s proprietary processes permanently sequester carbon from methane in the form of 3D Graphene and they utilize the tunable supermaterial to develop decarbonizing applications. Lyten was founded in 2015 and is based in San Jose, California.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Cuberg

San Leandro, California, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Cuberg is commercializing next-generation lithium-metal battery technology to power the future of electric mobility. Cuberg is based in San Leandro, California.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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