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[BUSINESS] · Greece, Germany · 2 sources

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NorthBatt expands into Germany with new WestBatt subsidiary

NorthBatt is expanding its presence in the German market through the establishment of a new subsidiary, WestBatt. This move follows the company's strategic investment in an industrial battery firm that had previously undergone insolvency proceedings.

By acquiring assets through a specialized deal, NorthBatt aims to leverage existing expertise, infrastructure, and an established customer base within one of Europe’s most significant markets for industrial batteries. The investment is designed to revitalize the business activities of the acquired entity and integrate it into NorthBatt’s growing operations.

Entities

NorthBatt · Thessaloniki Chamber of Commerce · WestBatt