Clarios to buy Paragon's battery unit

News
M&A

The acquisition boosts Clarios' engineering team, which is dedicated to the development of new low-voltage architectures

Clarios, the global leader in manufacturing and recycling advanced, low-voltage networks and batteries, announced its decision to purchase Paragon GmbH & Co. KGaA's power business that produces batteries and battery management systems for the automobile industry.

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