Energy, Power & Resources
Gelion plc
Year
2024
Transaction type Equity Capital Markets & Corporate Broking
Sector Energy, Power & Resources
“This acquisition accelerates the development of our LiS technology, contributing to more sustainable global transport and energy consumption. We are excited about the future possibilities that this collaboration will unlock.”
John Wood
CEO
Gelion
Cavendish is delighted to have acted as nominated adviser, sole broker and bookrunner to Gelion plc on its £4.1m placing and acquisition of OXLiD Ltd.
The successful transaction underscores Gelion’s commitment to driving innovation in the battery technology sector.
Neil McDonald from Cavendish, commented:
“We are delighted to have supported Gelion on this transformative acquisition and capital raise, further advancing its pursuit of global-leadership in this nascent but highly prospective technology.”
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