28-06-2016 | Corporate & Ad-hoc news | Press releases

paragon AG opens up new market segment for Voltabox subsidiary via strategic partnership with leading mining equipment and services provider

paragon AG [ISIN DE0005558696] today announced the strategic

partnership agreed between its US subsidiary Voltabox of Texas, Inc. and leading mining

equipment and services provider Joy Global Inc. This cooperation is expected to be

developed across all platforms and electromobility is now definitively the top growth driver

at the Delbrück-based automotive supplier.


 

  • Exclusive strategic partnership with leading mining equipment and services provider

    Joy Global Inc.

  • Voltabox of Texas, Inc. to develop smart battery systems for various mining equipment

  • First deliveries of complex battery systems planned for fiscal year 2017

  • Global trend towards climate-friendly electromobility now top growth driver at

    paragon AG