TAB no longer in talks with Metair

Mežica, 20 August - The Mežica-based maker of vehicle and stationary batteries TAB, announced on Monday that its talks with the South African battery maker Metair Investments on a potential strategic tie-up had been suspended. Metair reportedly decided to focus on optimisation of its existing companies due to exchange rate volatility in South Africa and Turkey.

Mežica Headquarters of the battery maker Tab. Photo: Vesna Pušnik Brezovnik/STA

Mežica
Headquarters of the battery maker Tab.
Photo: Vesna Pušnik Brezovnik/STA

Mežica Headquarters of the battery maker Tab. Photo: Vesna Pušnik Brezovnik/STA

Mežica
Headquarters of the battery maker Tab.
Photo: Vesna Pušnik Brezovnik/STA

Mežica Headquarters of the battery maker Tab. Photo: Vesna Pušnik Brezovnik/STA

Mežica
Headquarters of the battery maker Tab.
Photo: Vesna Pušnik Brezovnik/STA

Mežica Headquarters of the battery maker Tab. Photo: Vesna Pušnik Brezovnik/STA

Mežica
Headquarters of the battery maker Tab.
Photo: Vesna Pušnik Brezovnik/STA

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