Battery testing gear producer Bitrode Company has been acquired by metalforming agency the Schuler Group. Schuler says the acquisition of the St Louis firm and its Italian father or mother firm Sovema Group will present the capabilities wanted to equip gigafactories for the mass manufacturing of lithium-ion batteries.
Schuler gives customer-specific expertise in all areas of metalforming—its product portfolio contains presses, automation and dies, in addition to course of coaching. Schuler’s clients embrace many main automotive producers and suppliers. The corporate already gives manufacturing strains for the mass manufacture of each prismatic and cylindrical battery cell housings.
“We see Schuler’s possession as an amazing alternative for Bitrode to achieve its technological potential,” stated Cyril Narishkin, CEO and President of Bitrode. “Since 1957, we have now served our clients with high-quality, dependable gear and providers. Now as a part of Schuler Group, we can speed up new product choices whereas leveraging Schuler’s wealth of sources and experience.”
“We will now mix Sovema Group’s technological experience with our know-how within the manufacturing of advanced strains for the mass manufacturing of components and elements,” stated Domenico Iacovelli, CEO of Schuler Group. “This offers us the potential to develop Schuler right into a turnkey provider of expertise for the core course of steps of cell meeting and cell formation for present or deliberate gigafactories devoted to manufacturing lithium-ion battery cells.”