Addtech acquire Fey Elektronik GmbH

Today we welcome, Fey Elektronik GmbH to the battery systems business unit, after Addtech acquired 90% of the shares.

Fey brings with them more than 20 years’ experience in development, design and assembly of battery packs, with 160 employees and annual sales of around 55 MEUR, they will add further strength to the battery group capability.   

“This is a significant acquisition for the Celltech Group of companies increasing our global presence. With the demand for lithium batteries continuing to grow due to the increasing use in automation, energy storage, electric propulsion and connected devices our battery group can offer leading brands, customized battery solutions and exceptional service, and the latest acquisition of Fey Elektronik adds further manufacturing and design capability”. – Paul Edwards, Managing Director (Fairfield Ltd).

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