Xipower is an energy management company which produces products to make the performance of rechargeable batteries, super-capacitors, and fuel cells more efficient.
It began life as a startup business at Stirling University’s Innovations Park in 2003.
Stephen Robertson, director at Metis Partners, said this was a very significant deal involving a company whose technological expertise is widely recognised.
He added: “The Xipower brand is representative of technical excellence in battery management systems and in 2008, the company was awarded Cleantech 100 status by the Guardian newspaper, which featured it as one of the 100 companies most likely to change the world.
“Xipower is recognised as being one of the few global suppliers of BMS solutions utilising active cell balancing and there has already been international interest in the IP assets. This is a unique opportunity to gain access to one of the most exciting technologies of the future.”
All offers and / or notes of interest should be directed to Nat Baldwin at Metis Partners by 4pm on Thursday 27 October 2011.
Metis Partners recently collected the award for Asset Valuer / Auctioneer of the Year at the 2011 Insolvency & Rescue Awards.