Miba acquires majority interest in battery specialist Voltlabor - Growth to be further accelerated under new name "Miba Battery Systems"

Miba has held a stake in Mühlviertel-based battery specialist Voltlabor since 2019. Now the technology group is acquiring a majority stake in the company. Voltlabor develops and produces battery systems for a wide range of end-use applications from e-cars and electric motorcycles to buses, boats, autonomous forklifts, electric snow groomers and manned drones. It also incorporates the Miba FLEXcooler, an award-winning and novel temperature management system, into its battery systems.


Under the leadership of Miba, Bad Leonfelden will be Austria's leading battery production plant in terms of technology
The company has grown strongly since Miba became involved three years ago. This enormous growth is to be further accelerated under the new company name "Miba Battery Systems". Austria's technologically leading battery production plant, "VOLTfactory #1", is currently being built in Bad Leonfelden on 3,900 square meters of floor space. Due to the enormous market demand, worldwide expansion and the establishment of additional VOLTfactory sites is also planned. "Miba Battery Systems" will be able to utilize the global sales and production network and the know-how of the entire Miba Group.


Optimal addition to Miba's product portfolio - an important milestone for implementation of Miba's 2027 growth strategy
"The acquisition of a majority stake in Voltlabor is an important milestone in the implementation of our corporate strategy 'Miba 100'," says Miba CEO F. Peter Mitterbauer. "Driven by our corporate mission 'Technologies for a cleaner planet', we want to grow to sales of 1.5 billion euros by 2027 with technologies for end applications for the efficient generation, transmission, storage and use of energy. Batteries as storage media for energy are an important pillar in this context and an optimal addition to the Miba product portfolio." 


"With Miba, we chose the right partner for Voltlabor's growth three years ago. Their global market access, innovative spirit and industrial know-how have made our joint path to success possible in the first place," says Johannes Kaar.  He founded the company together with Edmund Jenner-Braunschmied and Martin Reingruber and brought Miba on board as a shareholder in the summer of 2019.