American Battery Solutions Announces Agreement To Be Acquired By Komatsu

LAKE ORION, Mich., Nov. 20, 2023 /PRNewswire/ -- American Battery Solutions (ABS), a leader in the design, development and manufacturing of advanced lithium-ion batteries, is excited to announce plans for its acquisition by Komatsu, a leading manufacturer of construction, mining, forestry and industrial heavy equipment. The financial terms of the acquisition were not disclosed. Komatsu is planning to close the acquisition once all necessary procedures for the closing are completed.

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American Battery Solutions Announces Agreement To Be Acquired By Komatsu

Komatsu agrees to acquire leading North American battery manufacturer