Lionvolt B.v. acquired Battery cell manufacture and production business of AMTE Power on January 25, 2024. Richard Bloomfield, Ian Corfield and Michelle Elliott of FRP were appointed on January 19, 2024. The transaction enables the facility to be repurposed for producing LionVolt?s batteries and includes the transfer of 20 jobs based in Scotland. However, the remaining 15 staff at Milton, England, have been made redundant. The transaction follows an exhaustive sales process and search for new investment.

Lionvolt B.v. completed the acquisition of Battery cell manufacture and production business of AMTE Power on January 25, 2024.