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TÜV SÜD acquires sole ownership of battery testing firm

Published  –  November 17, 2024 04:38 pm GMT
Staff Writer
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November 17, 2024: Germany-based TÜV SÜD has become the sole owner of TÜV SÜD Battery Testing, in a move aimed at strengthening the certification and testing group’s foothold in the international battery tech industry.

TÜV SÜD said on November 11 it had acquired full control of the firm, established in 2010, after buying the remaining 30% stake held by Germany company LION Smart, a subsidiary of LION E-Mobility. Financial details of the deal were not disclosed.

TÜV SÜD Battery Testing provides services for the automotive and energy storage industries and operates centers in countries including Germany and the US, where battery systems are tested for thermal stability, mechanical load resistance, performance, and functioning. The range of services includes high-voltage safety tests and conformity testing to verify the products’ compliance with international standards.

“By increasing our shareholding to 100%, we are confirming our goal of maintaining our leading position in this sector,” said Holger Lindner, CEO of the product service division at TÜV SÜD.

“At the same time, we are setting a clear course for further growth, particularly in the area of highly advanced safety testing for batteries.”