Sunlight Group acquires 51% stake in Lehmann Marine, eyes maritime battery market

Sunlight Group, a member of Olympia Group, and a technology company on Monday (20 January) announced the signing of the investment agreement for the acquisition of a 51% stake in Lehmann Marine, marking a strategic entry into the rapidly growing maritime battery market. 

Strategically positioned near key global harbours, both companies are well-placed to respond quickly to market demands, with this acquisition further strengthening their competitive edge in the growing maritime battery sector.

Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight further strengthens its position in the expanding energy solutions market, while enhancing its portfolio of innovative technologies. 

With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology. Its manufacturing facilities produce innovative energy solutions for industrial mobility and specialised sectors such as submarine batteries.

Headquartered in Seevetal-Hittfeld, Germany, Lehmann Marine is recognised for its pioneering non-flammable lithium iron phosphate (LFP) battery systems approved by international class societies such as Bureau Veritas, DNV and RINA. 

Together, the two companies are ideally positioned to lead the way in providing high-performance, energy-efficient solutions to meet the increasing demand for sustainable shipping technologies.

This partnership unlocks significant growth opportunities for both companies. With Lehmann Marine’s strong pipeline surpassing its current production capacity, Sunlight’s expertise in scalability, manufacturing excellence and efficiency will play a crucial role in meeting the growing demand for maritime battery systems. 

The companies’ robust R&D teams will work closely to drive innovation and develop cutting-edge solutions. Joint initiatives, including shared procurement of lithium cells, production line automation, and cost optimisation in design, will help both companies improve operational efficiencies, enhance product competitiveness, and accelerate production.

Labros Bisalas, CEO of Sunlight Group, said: “By combining our expertise with Lehmann Marine’s, we are positioning ourselves at the forefront of the rapidly growing maritime battery market.”

“Together, we are well-equipped to lead the transition to sustainable shipping solutions, driving both innovation and growth in an industry poised for significant expansion.

“With this multimillion-euro investment, Sunlight is positioning itself at the forefront of an industry driven by the increasing demand for sustainable shipping solutions.”

Alexander Lehmann, Managing Director of Lehmann Marine, said: “Partnering with Sunlight Group gives us a powerful ally. Their extensive knowledge and decades of experience in the global battery market will enhance our production significantly.”

“This collaboration opens new avenues to more effectively satisfy the growing demand for our maritime energy storage solutions, including our CUBE and COBRA battery systems.”

Photo credit: Sunlight Group
Published: 22 January, 2025