Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Moll Batterien of Germany was bought by an investor consortium that manages BAE Holding and another lead battery firm BAE batteries, a year after filing for insolvency. 

Moll Batterien filed for insolvency owing to lower sales of batteries in a pandemic struck economy after being in the industry for almost 75 years. Sales of lead-acid and lithium-ion batteries had nosedived with closing of auto manufacturing units. 


The company was in talks with potential investors in June last year to come out of bankruptcy. Moll continued to work despite filing for insolvency and was capable of supplying orders.


As of March 30, 2020, a purchase agreement has been signed with an investor consortium who will take over and continue Moll Batterein. The transfer will be completed on May 1. The buy-out amount was undisclosed.


BAE and Moll serve the same industry and would complement each other. BAE is located in Berlin and in the business for over 120 years. It produces batteries for automotive and railways application. 


Moll’s management is positive that the restructuring has landed the company in capable hands and would maintain a sustainable and profitable growth. 

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