Sunlight is growing in France

Olympia Group subsidiary Sunlight Group has completed the acquisition of the entire set of shares of the French subsidiary of Triathlon, by securing the remaining 45%, meaning that the group that specializes in the creation of innovative industrial electric mobility solutions controls 100% of the company in Europe's second-largest industrial battery market.

Triathlon France is a subsidiary of the German Triathlon Batterien owned by the group of the same name (Triathlon) which Sunlight Group has controlled 100% since July 2023. The French subsidiary develops lead-acid batteries and lithium-ion battery systems for use in electric forklift trucks, pallet trucks and electric industrial vehicles and other electric vehicles.

Through full control of Triathlon France, Sunlight is strengthening its position in France, whose industrial battery market has a value of more than...