Brief: Manz Receives Order From Britishvolt For Lithium-Ion Cell Assembly Equipment

Manz AG

21/12/2021 06:35

Dec 21 (Reuters) - MANZ AG  M5ZG.DE :
    * WINS MAJOR ORDER FROM BRITISHVOLT FOR LITHIUM-ION CELL
ASSEMBLY
EQUIPMENT FOR PIONEERING GIGAWATT PRODUCTION LINE
    * ORDER INCLUDES MACHINES FOR ASSEMBLING LITHIUM-ION BATTERY
CELLS
    * TOTAL ORDER VOLUME OF MORE THAN EUR 70 MILLION FOR FIRST
EXPANSION PHASE, FURTHER PROJECTS ALREADY IN PLANNING STAGE
    * COOPERATION CONCLUDED WITH BRITISH MARKET AND INNOVATION
LEADER
IN BATTERY PRODUCTION FOR MOBILITY SECTOR
    * PROJECT WILL HAVE AN IMPACT ON SALES AND EARNINGS IN 2022
AND
2023.
    * SIGNING OF A MEMORANDUM OF UNDERSTANDING TO FURTHER EXPAND
STRATEGIC COOPERATION

Source text for Eikon:  ID:nEQ3lDkhQa 
Further company coverage:  M5ZG.DE 

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