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hagimallis

03/02/18 9:36 AM

#3732 RE: hagimallis #3731

Hmmm now they say part of the assets...


ousand. Prior to the date of the acquistions, the three newly acquired companies have had limited operating activities. On July 31, 2017, EAS Batteries Gmbh and Monbat New Power Gmbh acquired part of the net assets



Why did they say the entire assets before??


Monbat Group has acquired two Lithium Ion battery businesses in Germany and aims to become one of the technology leaders in Europe in this high growth market segment
Monbat has acquired 100% of all tangible and intangible assets of both Gaia Akkumulatorenwerke GmbH and EAS Germany GmbH and has merged both entities into the EAS Batteries GmbH