Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies; Daimler sole owner
Green Car Congress
APRIL 1, 2014
Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1%) and in Deutsche ACCUmotive GmbH & Co. This will make Daimler the sole owner of the two companies. of what was Evonik’s subsidiary Li-Tec. Li-Tec Battery GmbH is based in Kamenz near Dresden. KG) and with Daimler’s acquisition of 49.9%
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