Acquisition of majority stake in easyLi

Manitou Group has announced the acquisition of an 82% stake in easyLi, a specialist in the design and production of lithium-ion batteries.

This strategic transaction gives the group specific skills in the context of its energy transition: business lines dedicated to the R&D and the production and reconditioning of these batteries.

easyLi’s expertise adds substantial value to our organization. By internalizing this expertise, we are going to be able to study machine-battery interactions in depth and thus continue to reduce total cost of ownership for our users. This operation is in keeping with our research and development plan to accelerate our energy transition.

Michel Denis, President & CEO

Press release