M&A Deal Summary

Marubeni Acquires B2U Storage Solutions

On October 18, 2021, Marubeni acquired energy services and equipment company B2U Storage Solutions

Acquisition Highlights
  • This is Marubeni’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Marubeni’s 15th transaction in the United States.
  • This is Marubeni’s 4th transaction in California.

M&A Deal Summary

Date 2021-10-18
Target B2U Storage Solutions
Sector Energy Services and Equipment
Buyer(s) Marubeni
Deal Type Add-on Acquisition

Target

B2U Storage Solutions

Santa Monica, California, United States
B2U Storage Solutions is an energy storage designer and developer utilizing second-life batteries. The company develops energy storage systems using proprietary technology to repurpose batteries from electric vehicles (hereinafter, “EV”s). This technology allows reuse of the entire EV battery pack without battery reconfiguration, at a significantly lower deployment cost and effort. B2U Storage Solutions is based in Santa Monica, California.

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Buyer(S) 1

Buyer

Marubeni

Tokyo, Japan

Category Company
Founded 1858
Sector Diversified
Employees42,882
Revenue 7.25T JPY (2024)
DESCRIPTION
Marubeni's corporate headquarters in Tokyo, Japan.
Marubeni's corporate headquarters in Tokyo, Japan.

Marubeni is a global trading and investment firm with a diverse range of business interests. Marubeni was founded in 1858 and is based in Tokyo, Japan.


DEAL STATS #
Overall 53 of 66
Sector (Energy Services and Equipment) 3 of 3
Type (Add-on Acquisition) 22 of 26
State (California) 4 of 4
Country (United States) 15 of 18
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 Solton

Yokohama, Japan

Solton is an industrial connector distribution company. Solton provides industrial connectors mainly to domestic manufacturers. Solton’s connectors are primarily used for production sites, inspection lines and robotics in factories. Solton was founded in 1974 and is based in Yokohama, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-26 Gavilon

Omaha, Nebraska, United States

Gavilon originates, stores, and distributes grains, oilseeds, as well as feed and food ingredients, to food manufacturers, livestock producers, poultry processors, soybean processors, and ethanol producers worldwide. Gavilon was founded in 2008 and is headquartered in Omaha, Nebraska.

Sell $1.1B