UL Solutions acquires BatterieIngenieure, terms undisclosed

UL Solutions announced the acquisition of BatterieIngenieure, a battery testing company based in Aachen, Germany, with expertise in specialized performance testing of cell, small modules and battery systems used in electric vehicles and other applications. The company employs more than 50 people, including leading battery researchers. Founded in 2015, BatterieIngenieure operates a laboratory in Aachen and has an office in Bilbao, Spain. Prompted by increasing demand for its services, the company is currently building a larger laboratory in Aachen to replace the existing facility and add testing and simulation capacity. The transaction closed on May 22. Terms of the transaction are not being disclosed at this time.