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Birmingham Post

Business

Tamlyn Jones

Solid State targets US markets with new acquisition

United States

A tech manufacturing business has expanded its international footprint with the £37.5 million acquisition of a US company.

Redditch-based Solid State has bought out specialist battery pack manufacturer Custom Power which is headquartered in Fountain Valley, California.

The transaction, which is the largest acquisition to date for Solid State, is supporting the firm's aims of expanding its international presence, broadening its product portfolio and adding technical and commercial expertise.

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