Honeycomb Battery Company and Nubia Brand International Complete Business Combination to Form Solidion Technology Inc.

Honeywell Acquires Li‑ion Tamer Business from Nexceris

July 2, 2025

Manufacturing

Honeywell has acquired the Li‑ion Tamer business from Nexceris, a tuck‑in that will integrate Li‑ion Tamer's off‑gas/early‑warning battery detection technology into Honeywell's Building Automation and fire life safety portfolio. The product suite (with 30+ global patents) is expected to be immediately accretive and to strengthen Honeywell's offerings for high‑growth end markets such as grid energy storage and data centers.

Ingevity Invests $60M in Nexeon to Support Silicon Anode Commercialization

August 2, 2022

Manufacturing

Ingevity Corporation has invested $60 million to acquire an equity stake in UK-based Nexeon Limited, a developer of silicon-based anode materials for lithium-ion batteries. The strategic investment supports commercialization and manufacturing scale-up of Nexeon's NSP-2 silicon anode technology and establishes a joint development and long-term activated carbon supply relationship between the companies.

Lion Electric Completes Business Combination with Northern Genesis Acquisition Corp.

May 6, 2021

Automotive

Lion Electric completed a business combination with special purpose acquisition company Northern Genesis Acquisition Corp., resulting in approximately US$490 million of net proceeds (including a concurrent PIPE). As a result of the transaction Lion began trading on the NYSE and TSX under the ticker LEV; the proceeds will be used to finance U.S. manufacturing expansion, develop battery systems and repay outstanding debt. Lion's founder and CEO Marc Bédard will continue to lead the company, and Northern Genesis directors Ian Robertson and Chris Jarratt joined the board.

Bruker Corporation Acquires Nion

January 3, 2024

Manufacturing

Bruker Corporation has acquired Nion, a Kirkland, Washington developer and manufacturer of high-end scanning transmission electron microscopes (STEM), including the UltraSTEM line and advanced EELS technology. The acquisition strengthens Bruker's materials science instrumentation portfolio and provides capabilities for electron diffraction crystallography; Nion reported approximately $8 million in revenue in 2023. Financial terms were not disclosed.

Solid State Plc Acquires Custom Power LLC

July 18, 2022

Manufacturing

Solid State Plc (AIM:SOLI) has entered a conditional agreement to acquire Custom Power LLC, a California-based battery pack manufacturer and energy solutions provider, for a maximum consideration of $45.0 million. The deal expands Solid State's power capabilities and international footprint into the U.S., and results in CVF Capital Partners exiting its investment in Custom Power.

Soteria Battery Innovation Group Acquires Assets of Voltaplex

January 18, 2023

Energy

Soteria Battery Innovation Group has acquired the assets of Voltaplex to form the core of a new battery material, cell and pack distribution division and to expand Soteria’s international presence. The deal brings Voltaplex’s capabilities in 18650 cell distribution and custom cylindrical cell pack design into Soteria’s battery-safety-focused consortium and licensing platform.