close
close

Ultralife acquires Electrochem for US$50 million from Investing.com

Ultralife acquires Electrochem for US million from Investing.com

NEWARK, NY – Ultralife Corporation (NASDAQ: ULBI) has a joint venture for the purchase of all its customers by Electrochem Solutions, Inc. of Integer Holdings Corporation (NYSE: ITGR) for 50 Million US Dollars. The Abschluss der Transaction will last until the end of October. The overarching quality of Electrochem’s ISO-certified technology and production management.

Electrochem with Sitz in Raynham, MA, brings four years of experience in battery technology with a sound sector of energy, military and other industrial markets. For the Zwölfmonatszeitraum bis 30.06.2024, Electrochem reported an amount of 34 Million US-Dollars. Ultralife has started, the summer of 2025 is positive on the profit for Action (EPS) during the term.

Mike Manna, Chairman and CEO of Ultralife, has developed the overarching strategy with the most advanced strategy to improve the production and production efficiency model. There are complete product portfolios and Electrochem’s Blue-Chip quality base, which can handle Ultralife’s best quality. Manna demonstrates the potential for a sales platform through cross-selling and expansion into new markets, guaranteeing high security and quality standards.

To do this, you may overlook the strategic strategic development and innovation orientation of Ultralife’s culture. There is a clear insight into the business world during the Electrochem team and the leadership of Khristine Carroll, who joins Ultralife as Senior Vice President – General Manager of Electrochem after the merger.

Carroll is familiar with the Ruf von Electrochem for a durable and high-quality battery and a huge advantage over the productive boats and expert support that the Zusammenschluss with Ultralife brings to its world. You can use a stopwatch and perform the flawless installation of Electrochem’s storage and rental equipment for 2025 as part of Ultralife.

Ultralife Corporation with Hauptsitz in Newark, New York, offers energy solutions, communications and electronics systems for control, communications and commercial capabilities. Das Unternehmen is in North America, Europe and Asia a great technical expertise and problem-free solution.

This focuses on a press conference from Ultralife Corporation. Other entrepreneurs warn investors about their targeted investments, which risks and uninterested will undertake, who will make their money, and who tatsächlichen will most likely rely on the prospects.

In other cases, Integer Holdings Corporation reported a share in a quarter of US$436 million, and was up 9.0% in the annual review. The Pulse and InNeuroCo economies have brought US$15.4m to market, and the EBIT of the internal economies has grown over the years to 34% at US$40.0m. Integer Holdings’ net profit is 30% at $31.2 million. Earnings for Action (EPS) for the quarter by 0.88 US dollars will increase Oppenheimer’s profit forecast if the expected forecast is reliable, calculating the future forecast for the term of 2024 with a turnover of 1.735 million and 1, 7 70 million US dollars .

Integer Holdings has forecast the future GAAP-EPS at a range of US$3.26 to US$3.67, which has not been properly adjusted. Oppenheimer sees an Outperform rating for entire holding companies with a diversified risk profile, unified core components and extensive financial financing of their internal economies. The third part is about the earnings calls to a quarter of a robust Wachstums forecast for 2024 and a Wachstum of bereinigten Betriebsergebnisses of 18% at a Umsatzanstieg of 10% is offered. Free cash flow for 2024 is 85 million and 105 million US dollars forecasts, while net debt will reach 60 million to 80 million US dollars until the end of 2024. These young companies have achieved strong financial performance and performance gains at Integer Holdings.

InvestingPro Acknowledgment

Während Integer Holdings Corporation (NYSE: ITGR) Electrochem Solutions and Ultralife Corporation are convinced that ITGR’s financing level is low. Laut InvestingPro-Daten paints ITGR on a market capitalization of 4.22 million US dollars and has a strong interest with a return of 11.71% in the last month of the month 2024. This expectation is in the course of 2024 der strategic separation of the Unternehmens, to optimize your Geschäftstätigkeit.

InvestingPro-Tipps has ensured that ITGR, after its 52-Wochen-Hoch trade in the world, has made the investors’ investments towards the Unternehmens after the subsequent sale. The fact that the liquid business activities of the internal companies carried out the pure business activities was a solid financial financial company, which konzentriert on the core geschäft.

Noting that ITGR was worth a Kurs-Gewinn-Verhältnis (KGV) of $40.17, an InvestingPro tip was described as “Trading with a high Gewinn multiplier”. This decision may influence market forces for products

This description can be performed by the intelligent intelligence. Weitere Informationen entnehmen Sie bitte unseren Nutzungsbedingungen.