Johnson Matthey completes sale of Battery Materials Canada to Nano One
Battery

Johnson Matthey completes sale of Battery Materials Canada to Nano One

Net consideration for the acquisition was C$10.25 million

  • By ICN Bureau | November 03, 2022

Johnson Matthey (JM), a global leader in sustainable technologies, announces it has completed the sale of its Battery Materials Canada (JMBM Canada) business in accordance with the terms of the sale agreement entered into between JM and Nano One® Materials Corp (Nano One).

Net consideration for the acquisition was C$10.25 million, subject to customary closing adjustments and was fully funded from cash on hand.

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