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Manitou Group acquires majority stake in easyLi

An easyLi office building
Founded in 2011, easyLi manufactures and maintains lithium-ion battery systems for electric mobility and stationary energy storage. Manitou Group

Manitou Group has acquired an 82 percent stake in easyLi, a specialist in the design and production of lithium-ion batteries. This strategic transaction gives Manitou specific skills in the context of its energy transition.

Founded in 2011, easyLi manufactures and maintains lithium-ion battery systems for electric mobility and stationary energy storage. It has 25 employees and is based in the Poitiers – Futuroscope business district.

As a result of this acquisition, Manitou Group is extending its competence with business lines dedicated to R&D and the production and reconditioning of lithium-ion batteries.

"easyLi's expertise adds substantial value to our organization," says Michel Denis, president and CEO of Manitou Group. "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."

"We are proud to be joining Manitou Group," says François Barsacq, founder and CEO of easyLi. "It is a fantastic opportunity to share our know-how internationally on different ranges of handling products, while stepping up our activities on our historical markets of urban electric mobility, onboard energy systems, and self-sufficient environments. We look forward to accompanying Manitou Group in this new stage."

Company info

430, rue de l'Aubinière
Ancenis Cedex,
FR, BP 10249 44158

Website:
manitou-group.com/en

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