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09 May
13:54

Bulgaria’s Monbat cancels German asset deal with Britishvolt

Вulgаrіa’s battery manufacturer Моnbаt has abandoned the agreed sale of its Germany-based subsidiary Monbat Holding GmbH to UK battery start-up Britishvolt following its recent insolvency. “As of 31 December 2022, the transaction for the sale of Britishvolt’s assets has not been finalised, the completion being no fault of Monbat,” the Bulgarian company tells Kallanish. “The lithium-ion division Monbat Holding GmbH continues to be owne…
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