Sunlight Group, part of Olympia Group, has signed an investment agreement to acquire a 51% stake in Lehmann Marine from Hopen.
The acquisition is expected to strengthen Sunlight’s presence in the energy solutions market and expand its portfolio of “innovative” technologies.
Lehmann Marine, based in Seevetal-Hittfeld, Germany, produces non-flammable lithium iron phosphate (LFP) battery systems, which have received approval from international class societies such as Bureau Veritas, DNV and RINA.
Sunlight stated that Lehmann Marine’s pipeline, which surpasses its current production capacity, combined with its “expertise” in scalability and manufacturing, is expected to “play a crucial role” in meeting the growing demand for maritime battery systems.
Lehmann Marine managing director Alexander Lehmann said: “Partnering with Sunlight Group gives us a powerful ally. Their extensive knowledge and decades of experience in the global battery market will enhance our production significantly.
“This collaboration opens new avenues to more effectively satisfy the growing demand for our maritime energy storage solutions, including our CUBE and COBRA battery systems.”
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The companies’ research and development (R&D) teams will collaborate to develop new solutions.
Joint efforts, such as shared lithium cell procurement, production line automation, and “cost optimization in design”, aim to improve operational efficiency and product competitiveness, and speed up production.
Sunlight Group CEO Labros Bisalas said: “We are particularly proud to welcome Lehmann Marine into the Sunlight Group family. This strategic acquisition highlights our ability to identify and seize high-value opportunities.
“By combining our expertise with Lehmann Marine’s, we are positioning ourselves at the forefront of the rapidly growing maritime battery market. Together, we are well-equipped to lead the transition to sustainable shipping solutions, driving both innovation and growth in an industry poised for significant expansion.”
Sunlight has over 30 years of experience in producing lead-acid and lithium-ion batteries, specializing in advanced battery technology and manufacturing.
Its manufacturing facilities produce energy solutions for industrial mobility and specialized sectors such as submarine batteries.