Lead Story
Sep 22, 2026
Midas Atlantic and Najafi to Buy Panasonic's European Battery Control Business
Midas Atlantic Partners, alongside The Najafi Companies, has agreed to acquire Panasonic Industry's European Power and Battery Control Solutions business in Germany and Slovakia. The carve-out, generating about EUR 413 million in fiscal 2026 revenue, is expected to close on February 1, 2027, pending regulatory approvals.
Priya Sharma