German company Freudenberg Sealing Technologies has increased its stake in Midland, Mich.-based XALT Energy from 31% in March 2018 to more than 50%, becoming a majority stakeholder of the company.

PLYMOUTH, Mich.—Freudenberg Sealing Technologies has acquired a majority interest in XALT Energy, a Midland, Mich.-based developer and manufacturer of lithium-ion technology for heavy-duty mobility ...

Freudenberg has become the sole owner of battery manufacturer XALT Energy, LLC, of Midland. The parties have agreed not to disclose the purchase price. Freudenberg, based in Weinheim, Germany and ...

Freudenberg Sealing Technologies has acquired a majority interest in Xalt Energy, a Midland, Mich.-based developer and manufacturer of lithium-ion technology for heavy-duty mobility applications.

Freudenberg acquires 49.9 percent of outstanding membership units of the joint venture from partner MBP Investors Freudenberg thus becomes sole owner of XALT Energy The acquisition of the ownership ...

Freudenberg Sealing Technologies Business Group has acquired the majority stake-holding in Xalt Energy. Freudenberg has been the majority shareholder of Xalt Energy since the start of 2019 for the ...

Freudenberg Sealing Technologies has become majority stakeholder of XALT Energy, a Midland-based global developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility ...