M&A Deal Summary

Stryten Energy Acquires Galvion - Vehicle Power Division

On November 15, 2021, Stryten Energy acquired electrical equipment company Galvion - Vehicle Power Division from Galvion

Acquisition Highlights
  • This is Stryten Energy’s 1st transaction in the Electrical Equipment sector.
  • This is Stryten Energy’s 1st transaction in the United States.
  • This is Stryten Energy’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2021-11-15
Target Galvion - Vehicle Power Division
Sector Electrical Equipment
Buyer(s) Stryten Energy
Sellers(s) Galvion
Deal Type Divestiture

Target

Galvion - Vehicle Power Division

Portsmouth, New Hampshire, United States
Galvion’s Vehicle Power Division has developed groundbreaking, safe, and reliable lithium-ion energy storage solutions to meet demanding military requirements. Galvion’s Symbasys SWitchPack and SWATPACK lithium battery products serve the public sector market.

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Buyer(S) 1

Buyer

Stryten Energy

Alpharetta, Georgia, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Stryten Energy is a manufacturer of energy storage and power solutions serving transportation, industrial, and stationary applications. The Company designs and produces advanced lead, lithium, and vanadium battery systems used in motive power, network infrastructure, and renewable energy storage. Stryten Energy is headquartered in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 TRM

Milwaukee, Wisconsin, United States

TRM is a manufacturer of proprietary and custom injection molding products serving the industrial lead battery, automotive, and consumer markets. TRM was founded in 1977 and is based in Milwaukee, Wisconsin.

Buy -

Seller(S) 1

SELLER

Galvion

Portsmouth, New Hampshire, United States

Category Company
Sector Safety/Security
DESCRIPTION

Galvion designs develop and deliver the mission-critical head, face, and torso protective solutions, as well as power and data management systems and advanced solutions for military and tactical clients worldwide. Galvion is based in Portsmouth, New Hampshire.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1