Sunlight Group Energy Storage Systems, technology company specializing in integrated and innovative industrial and off-road energy storage solutions, announces the acquisition of BMG Energy’s 22% share capital of Sunlight European Battery Assembly (SEBA) and Sunlight Italy. The agreement strengthens Sunlight Group’s presence in Italy and is in line with company’s strategy that entails fast implementation of multimillion investments to support growth of its production capacity and expansion of sales and services network, to better serve Western European market and OEMs (Original Equipment Manufacturers) .
On July 28th, 2022, an agreement was signed by the CEO of Sunlight Group, Lampros Bisalas and Mr. Flavio Scaramuzza and Mr. Wilhelm Menghin, owners of BMG Energy, that foresees the acquisition of BMG Energy’s shares in Sunlight European Battery Assembly (SEBA) and in Sunlight Italy. Following the completion of the transaction, Sunlight Group becomes the sole owner of SEBA and its subsidiary, Sunlight Italy, and will proceed to appoint a new Board of Directors.
Commenting on the agreement, Mr. Bisalas, Sunlight Group‘s CEO, stated: “SEBA is our main European assembly plant, and after acquiring 100% of its share capital, we confirm the further execution and pursuit of our ambitious business plan to support growth of both our manufacturing and commercial presence in Western Europe. I’d like to thank the owners of BMG Energy, Mr. Flavio Scaramuzza and Mr. Wilhelm Menghin, for the excellent collaboration over the last decade, for sharing with us valuable learnings deriving from their deep knowledge of the Italian market, which undoubtedly led to the successful establishment of SEBA and Sunlight Italy”.
SEBA (Sunlight European Battery Assembly), is Sunlight Group’s European assembly plant that produces batteries for Sunlight Group, using cells manufactured at the Xanthi industrial complex in Greece. Sunlight Italy complements the operation of SEBA, focusing on the facilitation of sales, after sales, and customer services for clients and end-users of Sunlight products.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
