SolarEdge to Acquire Kokam, a Provider of Li-ion Cells, Batteries, and Energy Storage Solutions
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Founded in 1989, Kokam has been manufacturing Lithium-ion cells and providing reliable, safe, high-performance battery solutions for the past twenty-nine years. Kokam provides battery solutions for a wide-variety of industries, including ESS (energy storage systems), UPS, electric vehicles (EV), aerospace, marine and more.
“The acquisition of Kokam will enable us to grow our offering, adding
already proven battery storage to our product portfolio,” said
The acquisition of approximately 75% of outstanding equity shares of
Kokam reflects an aggregate investment of approximately
About
About
With a globally acknowledged and proprietary manufacturing technology,
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Investor Contacts
SolarEdge Technologies, Inc.
Ronen
Faier, +1 510-498-3263
Chief Financial Officer
investors@solaredge.com
or
Sapphire
Investor Relations, LLC
Erica Mannion or Michael Funari
+1
617-542-6180
investors@solaredge.com