Maxell to acquire Murata's primary battery business for JPY 8bn

Maxell, Ltd. (TSE: 6810) announced it will acquire the primary battery business of Murata Manufacturing Co., Ltd. and its subsidiary, Tohoku Murata Manufacturing Co., Ltd. The acquisition, valued at JPY 8 billion, will be executed through a share purchase agreement after Murata establishes a new company to hold the transferred business. This strategic move aligns with Maxell's Mid-term Management Plan MEX26, focusing on business portfolio reforms and shifting resources to high-growth areas. By integrating Murata’s coin-type lithium manganese dioxide, silver oxide, and alkaline button battery operations, Maxell aims to expand its energy business, accelerate technological development, improve productivity, and broaden sales channels. Maxell anticipates an annual increase of approximately JPY 10 billion in net sales due to the acquisition and expects further expansion through synergies with its existing energy business. The acquisition is projected to have a minimal impact on Maxell's consolidated business performance for the fiscal year ending March 2026.