AG Holding acquires Axeon Holdings

AG Holding Ltd, a London-based special investment company backed by Ironshield Capital Management LLP, has acquired Axeon Holdings Plc, a provider of independent lithium-ion battery and green energy services. The terms of the deal were not disclosed. 


AG Holding Ltd, a London-based special investment company backed by Ironshield Capital Management LLP, has acquired Axeon Holdings Plc, a provider of independent lithium-ion battery and green energy services. The terms of the deal were not disclosed. 

AG Holding Ltd, a London-based special investment company backed by Ironshield Capital Management LLP, has acquired Axeon Holdings Plc, a provider of independent lithium-ion battery and green energy services. The terms of the deal were not disclosed.

Axeon is headquartered in Dundee and has a manufacturing facility in Poland, a commercial and engineering base in Switzerland, and a sales facility in Germany.

Axeon has recently been placed in administration. Joint administrator Malcolm Shierson said: “I am delighted that we have been able to complete a transaction that will enable the trading business to carry on as normal. This is very good news for the employees, customers and suppliers.”

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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