Sensata buys 75-percent interest in Denmark's Lithium Balance

The US-based electronic equipment supplier has purchased a majority stake in the Danish battery company for a triple-digit sum in DKK millions.
Photo: Lithium Balance
Photo: Lithium Balance

In its pursuit of acquiring improved products for the automotive sector, US-based electronic equipment subsupplier Sensata has decided to buy a 75-percent equity position in Danish battery startup Lithium Balance for a triple-digit sum in DKK millions, reports domestic business daily Børsen.

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