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The Business Magazine July 2024
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Penningtons Manches Cooper advises OXLiD on Gelion acquisition

The Business Magazine article image for: Penningtons Manches Cooper advises OXLiD on Gelion acquisition
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4 December 2023
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Oxford-based OXLiD, the lithium-sulfur (Li-S) battery technology developer, has been acquired by AIM listed Anglo-Australian battery innovator, Gelion.

Pennington Manches Cooper, a law firm with offices in Oxford, Guildford and Reading, provided legal advice for OXLiD during the deal.

The Penningtons Manches Cooper team was led by corporate partner Will Axtell, with support from partner Adam Carling, senior associate Dominique Sabatini, and associate Leo Shrimpton. Corporate tax partner Kathy Potter and senior associate Leonie Langley also advised on the deal.

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Further support was provided by Intellectual Property, IT and commercial managing associate Edmund Forey, data protection senior associate Nora Pook, employment associate Luke Shaw, and pensions partner Alison Hills.

Dr Adrien Amigues, founder and CEO of OXLiD, said: “By joining Gelion, we will be capable of developing and commercialising Li-S battery technology for the mass markets at a faster rate than previously possible.

''We are very excited about joining Gelion and I’d like to thank Will Axtell and the wider team at Penningtons Manches Cooper for their expertise and for their unwavering support in helping bring this transaction to a successful conclusion.”

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Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

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