Sunlight is undergoing an internal restructuring to focus on its core priorities, the company said.
In this context, through its Triathlon Group subsidiaries, it is divesting its majority stake (47.88%) in Voltabox AG, and as part of this realignment, the sale of 99% of EKM Elektronik GmbH is included, as well as the sale of IBR Solutions GmbH.

Upon completion of the above transactions, Sunlight Group, through its wholly owned indirect subsidiary, Triathlon Batterien GmbH, aims to acquire from VBX VoltaMobil, a provider of high-voltage battery solutions for specialized applications such as construction, agriculture, buses and light commercial vehicles, according to the statement.

Also, through this transaction chain, Olympia Group directly and indirectly, through its subsidiary, Sunlight Group, acquires control of an additional 12% of Sunlight, a stake previously held by Geraer Batterie Dienst GmbH. GBD will remain a shareholder of the Sunlight Group with a 2% stake after the completion of the transaction.