Energy storage and automotive component manufacturer Metair says it will sell its troubled Mutlu operations in Türkiye to Quexco for R1.95-billion in cash. Mutlu forms part of Metair’s Energy Storage vertical. The business manufactures and trades energy storage products, including lead-acid and lithium-ion batteries for use in mobility applications, as well as in the telecoms, utility, mining, retail and materials-handling sectors.
