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Lyten acquires Northvolt Dwa ESS in Gdansk

Jul 01, 2025•15 days ago

Acquiring Company

Lyten

Acquired Company

Northvolt Dwa ESS

San JoseStockholmRenewable EnergyEnergyManufacturing

Description

Lyten has acquired Northvolt's Dwa ESS, Europe's largest battery energy storage systems manufacturing operation, located in Gdansk, Poland. The acquisition will allow Lyten to restart production and expand its lithium-sulfur battery lineup. This move aligns with Lyten's strategy to meet the growing demand for energy storage solutions in Europe. The deal enhances Lyten's manufacturing capabilities and integrates high-quality European engineering.

Company Information

Company

Lyten

Location

San Jose, California, United States

About

Lyten was founded in 2015. Lyten is a Silicon Valley-based pioneer of tunable three-dimensional graphene, which has demonstrated significant reductions in greenhouse gas emissions and will advance the transition to sustainable mobilityStellantis and Lyten to develop applications for advanced Lithium-Sulfur based EV batteries, vehicle lightweighting, and enhanced vehicle sensing solutionsLithium-Sulfur batteries have the potential to deliver more than twice the energy density of lithium-ion and represent an alternative, non-nickel-manganese-cobalt cathode solutionStellantis exploring all battery technology to meet the diverse needs of its broad customer base and ensure clean, safe and affordable mobility May 25, 2023, AMSTERDAM / SAN JOSE, Calif. –

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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