AKASOL

AKASOL is a Germany-based manufacturer and supplier of lithium-ion battery systems for automotive and marine sectors. Read more

Sven Schulz's photo - Co-Founder & CEO of AKASOL

Co-Founder & CEO

Sven Schulz

CEO Approval Rating

70/100

Founded:

2008

Status:

PublicAcquired by Borgwarner IncFRAASL

AKASOL TOP COMPETITORS OR ALTERNATIVES

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Voltabox is perceived as one of AKASOL's biggest rivals. Voltabox is headquartered in Delbrück, North Rhine-Westphalia, and was founded in 1835. Voltabox operates in the Heavy Machinery & Vehicles industry. Voltabox generates 55% the revenue of AKASOL.

EAS is one of AKASOL's top competitors. EAS is a Product/Brand/Service company that was founded in 1996 in Nordhausen, Thuringia. Like AKASOL, EAS also competes in the Electric, Water & Gas Utilities field. Compared to AKASOL, EAS has 20 more employees.

VARTA has been one of AKASOL's top competitors. VARTA was founded in 1887 in Ellwangen, Baden-Württemberg. Like AKASOL, VARTA also works within the Electric, Water & Gas Utilities industry. VARTA generates $762.5M more revenue than AKASOL.

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AKASOL Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$64.9M

AKASOL's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 243.3M. Over the last two quarters, AKASOL's revenue has grown by 127.2%. Specifically, in Q3 2020's revenue was $26.1M; in Q2 2020, it was $11.5M.

AKASOL Acquisitions

No recent acquisitions found related to AKASOL

AKASOL Funding History

No recent funding data found related to AKASOL

AKASOL Investments

No recent investments found related to AKASOL

AKASOL News

May 28, 2021MarketScreener

Preliminary announcement of the publication of quarterly reports and quarterly/interim statements

(marketscreener.com) DGAP Preliminary announcement financial reports: AKASOL AG / Preliminary announc... See more »
April 30, 2021MarketScreener

AKASOL boosts revenue by more than 40% to EUR 68.3 million in 2020

(marketscreener.com) DGAP-News: AKASOL AG / Key word: Annual Results AKASOL AG: Still on course for d... See more »
April 7, 2021MarketScreener

Unanimous recommendation of acceptance of the takeover offer by BorgWarner subsidiary ABBA BidCo AG

(marketscreener.com) DGAP-News: AKASOL AG / Key word: Offer/Statement AKASOL AG: Unanimous recommenda... See more »
March 9, 2021MarketScreener

Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

(marketscreener.com) DGAP Voting Rights Announcement: AKASOL AG AKASOL AG: Release according to Artic... See more »
February 24, 2021Transport Topics

BorgWarner Agrees to Buy Akasol AG for $915 Million

BorgWarner Inc. and Akasol AG have signed a business combination agreement intended to position BorgW... See more »
February 19, 2021Charged EVs

BorgWarner to acquire AKASOL

BorgWarner and AKASOL have signed an agreement to position BorgWarner to expand its commercial vehicl... See more »
February 17, 2021Benzinga

BorgWarner Buying European Battery Maker AKASOL For $880M

BorgWarner Inc. (NYSE: BWA) will pay $880 million to acquire commercial vehicle battery maker AKASOL.... See more »

AKASOL Press Releases

February 11, 2020centralcharts

Order from German battery developer and producer

DGAP-News: Manz AG / Key word(s): Incoming Orders Manz AG: Order from German battery developer and pr... See more »
January 11, 2019centralcharts

Carsten Bovenschen becomes Chief Financial Officer; Dr. Curt Philipp Lorber resigns from the management board

The supervisory board of AKASOL AG today has appointed Carsten Bovenschen as a member of the manageme... See more »

Social Media

AKASOL Headquarters

Kleyerstr. 20

Darmstadt, Hesse64295

49-6151-800-500

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AKASOL Summary

ABOUT

Overview

AKASOL is a Germany-based manufacturer and supplier of lithium-ion battery systems for automotive and marine sectors. AKASOL was founded in 2008. AKASOL's headquarters is located in Darmstadt, Hesse, DE 64295. AKASOL's Co-Founder & CEO, Sven Schulz, ...

CEO

AKASOL's Co-Founder & CEO, Sven Schulz, currently has an approval rating of 70%. AKASOL's primary competitors are Voltabox, EAS & VARTA.

Website

akasol.com

Frequently Asked Questions about AKASOL

  1. When was AKASOL founded?

    AKASOL was founded in 2008
  2. Who is AKASOL's CEO?

    AKASOL's CEO is Sven Schulz
  3. How much revenue does AKASOL generate?

    AKASOL generates $64.9M in revenue
  4. How much funding does AKASOL have?

    AKASOL has historically raised $0 in funding
  1. Where is AKASOL's headquarters?

    AKASOL's headquarters is in Darmstadt Hesse, DE
  2. How many employees does AKASOL have?

    AKASOL has 330 employees
  3. What sector does AKASOL operate in?

    AKASOL is in Renewable Energy Equipment & Services, Electric, Water & Gas Utilities
  4. Who are AKASOL's competitors?

    AKASOL's top competitors are Voltabox, EAS, VARTA