TES Agrees Minority Equity Investment with Sojitz
TES announced today that Sojitz Corporation ("Sojitz") has acquired a minority stake in TES-AMM JAPAN K.K. ("TES")
- Headquartered in Japan, the Sojitz Group consists of approximately 400 subsidiaries located around the world.
- Sojitz will partner with TES to promote TES services in Japan, and Sojitz's extensive network will leverage TES's lithium-ion battery recycling and energy storage businesses.
- The Sojitz investment reaffirms that, and we couldn't be more excited about partnering with them to offer sustainable technology solutions that drive the circular economy in Japan."
- TES is backed by Navis Capital Partners, one of Southeast Asia's largest private equity companies, with over US $5 billion under management.