LS Group

EQS-News: Mutares has successfully sold its portfolio company Lacroix + Kress GmbH to Superior Essex

Retrieved on: 
Saturday, March 11, 2023

Munich, 7 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.

Key Points: 
  • Munich, 7 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.
  • The sale of Lacroix + Kress to Superior Essex follows Mutares’ ‘best new owner’ approach and enables a vertical integration of the two businesses.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Second exit in 2023: Mutares has signed an agreement to sell Lacroix + Kress GmbH to Superior Essex

Retrieved on: 
Sunday, January 22, 2023

Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.

Key Points: 
  • Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.
  • Lacroix + Kress distinguishes itself in the market through high quality oxygen free copper and its unique manufacturing capabilities.
  • The sale of Lacroix + Kress to Superior Essex follows Mutares’ ‘best new owner’ approach and enables a vertical integration of the two businesses.
  • “I am very pleased to announce our second successful exit in 2023 with the sale of Lacroix + Kress.

LS Energy Solutions Partners with Ameresco to Provide Energy Storage for U.S. Army Base Microgrid

Retrieved on: 
Thursday, May 12, 2022

We are honored to work with Ameresco to reduce utility costs and enhance the energy infrastructure at the Ft. Detrick Army Garrison, commented Steve Fludder, CEO of LS Energy Solutions.

Key Points: 
  • We are honored to work with Ameresco to reduce utility costs and enhance the energy infrastructure at the Ft. Detrick Army Garrison, commented Steve Fludder, CEO of LS Energy Solutions.
  • Were thrilled to be working with LS Energy Solutions to provide a dependable, all-in-one energy storage solution for Fort Detrick.
  • LS Energy Solutions, an LS Group company, is a leading provider of grid-connected energy storage solutions.
  • LS Energy Solutions is a convenient and competitive one-stop supplier for energy storage, from advanced inverters and associated components to fully integrated all-in-one systems.

LS Energy Solutions Deploys First All-in-One AiON-ESS With V20 Energy

Retrieved on: 
Wednesday, March 30, 2022

CHARLOTTE, N.C., March 30, 2022 (GLOBE NEWSWIRE) -- LS Energy Solutions (LS-ES), a leading provider of grid-connected energy storage solutions, announces it has delivered its first all-in-one AiON Energy Storage System (AiON-ESS) to V20 Energy, a New Jersey-based storage project developer.

Key Points: 
  • CHARLOTTE, N.C., March 30, 2022 (GLOBE NEWSWIRE) -- LS Energy Solutions (LS-ES), a leading provider of grid-connected energy storage solutions, announces it has delivered its first all-in-one AiON Energy Storage System (AiON-ESS) to V20 Energy, a New Jersey-based storage project developer.
  • Paul Matinho, who leads V20 Energy said, The LS Energy Solutions team has been great to work with on our first major energy storage project.
  • LS Energy Solutions, an LS Group company, is a leading provider of grid-connected energy storage solutions.
  • LS Energy Solutions is a convenient and competitive one-stop supplier for energy storage, from advanced inverters and associated components to fully integrated all-in-one systems.

LS Energy Solutions Introduces Its Next-Generation All-in-One Energy Storage System, the AiON-ESS

Retrieved on: 
Wednesday, September 29, 2021

CHARLOTTE, N.C., Sept. 29, 2021 (GLOBE NEWSWIRE) -- LS Energy Solutions (“LS-ES”), a leading provider of grid-connected energy storage solutions, announces its new flagship energy storage product, the all-in-one AiON Energy Storage System (ESS). The AiON-ESS is a flexible, modular AC energy storage solution available in two models for 1-hour and 2- to 4-hour applications.

Key Points: 
  • System features the companys 4th-generation string inverters combined with batteries in a single, scalable enclosure, enabling configurations of any size for any application
    CHARLOTTE, N.C., Sept. 29, 2021 (GLOBE NEWSWIRE) -- LS Energy Solutions (LS-ES), a leading provider of grid-connected energy storage solutions, announces its new flagship energy storage product, the all-in-one AiON Energy Storage System (ESS).
  • As energy storage pioneers who introduced the first grid-connected lithium-ion storage system in 2008, were thrilled to unveil our latest all-in-one solution, said Steve Fludder, CEO of LS Energy Solutions.
  • LS Energy Solutions, an LS Group company, is a leading provider of grid-connected energy storage solutions.
  • LS Energy Solutions is a convenient and competitive one-stop supplier for energy storage, from advanced inverters and associated components to fully integrated all-in-one systems.

Richardson Electronics, Ltd. Now Offering New Ultracapacitors from LS Mtron - Exceptional Power Density

Retrieved on: 
Monday, July 13, 2020

LS Mtron has gone above and beyond in their continued investment in this product line.

Key Points: 
  • LS Mtron has gone above and beyond in their continued investment in this product line.
  • says Greg Peloquin, EVP of the Power and Microwave Technologies Division of Richardson .
  • For over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products.
  • In 2003 LS Group including LS Mtron separated from LG group, and developed into one of the biggest conglomerates in Korea, reaching annual sales revenue of 27 billion USD in 2018.

LS Tractor Selects G&D Integrated To Provide Value-Added Assembly & Distribution Services

Retrieved on: 
Wednesday, April 18, 2018

G&D possesses a strong technology platform and processes that will help LS Tractor with its assembly and distribution needs as well as provide the company with greater visibility of its inventory.

Key Points: 
  • G&D possesses a strong technology platform and processes that will help LS Tractor with its assembly and distribution needs as well as provide the company with greater visibility of its inventory.
  • Since it embarked on the tractor business in 1977, LS Tractor's parent company, LS Mtron, has grown continually to become No.
  • "LS Tractor is excited to work with a very capable company such as G&D Integrated.
  • LS Tractor is a U.S. based, mid-sized tractor manufacturer located in Battleboro, NC and a division of LS Mtron headquartered in Korea.