Cummins Inc. has acquired Johnson Matthey’s UK automotive battery systems business, a subsidiary of Johnson Matthey that specializes in high-voltage automotive grade battery systems for electric and hybrid vehicles. The deal was signed and closed Jan. 31. No financial details were provided.
As one of Europe’s largest lithium-ion battery system suppliers, Johnson Matthey’s battery systems business has 50 employees and is based in Milton Keynes.
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