Munich Electrification provides battery management systems (BMS) and electronics, control and sensor components, as well as software primarily for electric mobility and battery energy storage systems (BESS) applications. As part of the transaction, Ardian provides additional capital to Munich Electrification to accelerate the company’s strategic objectives and support its expansion plans. In partnership with Ardian, Munich Electrification intends to drive further growth by diversifying across market segments and expanding into new geographies. “Developing Munich Electrification into Europe’s leading independent battery technology company focusing on BMS has been an extraordinary journey. ardian.comABOUT MUNICH ELECTRIFICATIONBattery Technology Made in Europe – Munich Electrification GmbH (ME) has been developing Battery Management Systems (BMS) and sensor technology for electric mobility and stationary battery energy storage systems (BESS) since 2014.