LG Energy Solution to sell Ohio factory to Honda for $2.86 billion

News
M&A
ATI News Team

The deal, excluding land and equipment, aims to boost JV efficiency, with production starting in 2026

South Korea's LG Energy Solution announced plans to sell a factory building and associated assets in Ohio, US, to Honda Development and Manufacturing of America as part of a $2.86 billion deal.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload