Monthly Archives: February 2019

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Freudenberg Secures Majority Interest in XALT Energy

Plymouth, Mich. (USA), Feb. 4, 2019 – Freudenberg Sealing Technologies has become majority stakeholder of XALT Energy, a Midland, Mich.-based global developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility applications. In March 2018, Freudenberg announced it had acquired a 31 percent ownership stake in XALT Energy through a multi-million dollar investment in its ...
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