BURNABY, B.C.—A West Coast cleantech company that makes battery chargers for electric vehicles and other machinery with lithium-ion or lead acid batteries has been acquired by Italian manufacturer Zapi Group.
Delta-Q Technologies Corp. did not release the cost of the acquisition, but said the deal was finalized Nov. 30.
The company’s co-founder and CEO, Ken Fielding, said the deal will accelerate Delta-Q’s growth and strengthen its product and service lineup.
“We are excited about where we can go next, building on the exceptional capabilities of our team, our strong core values and further leveraging the Delta-Q brand which is well recognized in our markets,” Fielding said in a Dec. 7 statement. “As part of the ZAPI Group we look forward to continuing to drive our growth forward, leveraging their capabilities, complementary technologies and global foot-print.”
The Burnaby, B.C.-based company was founded in 1999 and supplies a number of global manufacturers with charging equipment for golf cars, scissor lifts, industrial floor cleaners, among other vehicles