Nano One Materials
BDC brought extensive expertise in mergers and acquisitions, listened to us and adapted to our needs. The payback is very rapid.
Denis Geoffroy
Chief Commercialization Officer
Changing how the world makes battery materials as we move to a zero-emission future.
About the company
Nano One is a technology firm with a patented, scalable process to make low cost, high performance powders used in lithium-ion batteries.
Location: Burnaby, British Columbia
Industry: Research and Development in the Physical, Engineering, and Life Sciences
Entrepreneur challenge
Burnaby, B.C.-based tech company Nano One acquired a manufacturing business in Quebec to start production of battery materials using a patented process. But it needed help to ensure a smooth integration of the acquired company, while navigating geographical distances, and different team cultures and languages.
BDC expertise
BDC’s dedicated bilingual business advisor worked with Nano One on a tailored process to ensure a seamless integration of the newly acquired company and develop the right commercialization strategy. The advisor acted as a project manager helping the two teams develop and execute an integration action plan customized to Nano One’s needs.
Results
- Faster-than-expected integration. Pilot production 2-4 months ahead of schedule at the acquired facility
- No loss of key employees. Lower turnover at Nano One than pre-acquisition. High employee morale
- Cross-company processes and systems on track, with defined accountabilities