FilingReader Intelligence

Resonac sells European battery business for 25bn yen loss

August 1, 2025 at 08:21 AM UTCBy FilingReader AI

Resonac Holdings is selling its European automotive and industrial lead-acid battery business, Fiamm Energy Technology, to Aurelius Investment for an undisclosed amount.

The transaction is expected to close in Q4 2025 and will result in an extraordinary loss of approximately 25 billion yen for Resonac Holdings in fiscal 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:4004Tokyo Stock Exchange

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