Total to acquire battery-maker Saft in US$1.1-billion deal
Green Car Congress
MAY 9, 2016
The combination of Saft and Total will enable Saft to become the Group’s spearhead in electricity storage. The acquisition of Saft is part of Total’s ambition to accelerate its development in the fields of renewable energy and electricity, initiated in 2011 with the acquisition of SunPower.
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