representative work

Ultralife Acquires Excell Battery Group


On December 13, 2021, Ultralife Corporation acquired all of the issued and outstanding shares in the capital of Excell Battery Group for approximately US$23.5 million. Ultralife is a New York based company and leading provider of critical power solutions and communications systems whose shares trade on the NASDAQ. Excell is a Canadian-based company with US operations and a leading designer and manufacturer of high-performance smart battery systems, battery packs and monitoring systems.

Cassels acted as Canadian counsel to Ultralife.