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components|electrical|energy|storage|systems|products|solutions

Commision gives its approval for ACDC’s acquisition of Blue Nova

28th August 2025

By: Sabrina Jardim

Senior Online Writer

     

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The Competition Commission has given its approval for the proposed transaction in which electrical components manufacturer ACDC intends to acquire energy storage solutions provider Blue Nova, with conditions.

ACDC is a distributor and retailer of lithium-iron-phosphate (LiFePO4) battery energy storage systems (BESS), which are bought from various manufacturers, including Blue Nova.

Blue Nova manufactures and supplies BESS products, including battery packs, inverters, low-voltage switchgears and other electronic components which are enclosed into a battery pack and/or rack.

The commission says it is of the view that the proposed transaction is unlikely to substantially lessen or prevent competition in any market.

However, to safeguard employment, the commission notes that the merged entity shall not retrench any employees as a result of the merger for a period of two years following the merger implementation date.

In addition, to address the dilution of ownership by historically disadvantaged persons (HDPs), the merger parties have agreed to implement an HDP transaction.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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