UPDATED. 2024-07-17 07:31 (수)
Battery equipment maker Nsys to acquire Lakyung Engineering
Battery equipment maker Nsys to acquire Lakyung Engineering
  • Stan Lee
  • 승인 2024.06.25 16:01
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To gain access to 4680 cylindrical battery tech
Image: Nsys
Image: Nsys

Battery inspection equipment maker Nsys said on Monday that it will acquire cylindrical battery production equipment maker Lakyung Engineering.

Nsys has already secured a 67% stake in the latter and plans to increase this to 80%.

Lakyung Engineering specializes in production equipment for 4680 cylindrical battery production, and its customer includes Kumyang, which has developed its own 4695 battery.

The subsidiary will continue its research and development, with its next goal on designing a battery assembly equipment for pouch batteries.

Both areas are new for Nsys, which has focused on equipment for the production of prismatic batteries so far.

If the development projects are successful, the company will be able to provide equipment for all three battery types.

Nsys has also been strengthening its portfolio for the whole process of battery produciton. In 2022, it acquired battery back-end firm Kapjin for 10 billion won. It also invested 1.5 billion won in CAT Beamtech, which develops X-ray sources, last year.

Nsys already has LG Energy Solution as a customer for its electrode inspection equipment. For outer inspection equipment, it has Samsung SDI as a customer. Norway’s Morrow Batteries and Our Next Energy of the US are also its customers.

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