Daramic, LLC

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Daramic, LLC - overview

Established

1930

Location

Charlotte, NC, US

Primary Industry

Energy Storage & Batteries

About

Daramic, LLC is a manufacturer of high-performance separators for lead-acid batteries, focusing on innovative polyethylene and phenolic resin solutions that enhance battery efficiency and longevity across various applications. Founded in 1930, Daramic, LLC specializes in battery separator technology. The company, headquartered in Charlotte, US, was acquired by Kingswood Capital from Asahi Kasei Corporation in December 2025. This acquisition is intended to bolster Daramic's growth and leadership in the battery separator market.


Daramic is a leading manufacturer of separators for lead-acid batteries, specializing in polyethylene (PE) and phenolic resin-based products. Their core offerings include battery separators designed for automotive, industrial, and specialty applications, catering to a diverse range of needs within the lead battery sector. Key innovations include the Daramic® HD Plus™ separator, recognized for its enhanced performance and awarded the 2022 BCI Innovation Award Honorable Mention. The separators are engineered to optimize battery efficiency, enhance power delivery, and ensure durability across various applications, including automotive batteries, motive power batteries, and renewable energy solutions.


Daramic serves a wide array of clients, including battery manufacturers and end users in regions such as North America, Europe, and Asia, ensuring a strategic presence in global markets. Daramic generates revenue primarily through direct sales to battery manufacturers and distributors within the lead-acid battery industry. The company engages in B2B transactions, providing its clients with tailored battery separator solutions that meet specific performance criteria. Their flagship products, such as the Daramic® HD Plus™, operate on a business model that involves bulk orders and long-term supply agreements.


Pricing structures for their products are established based on the specifications and requirements of the clients, with terms negotiated for larger orders to promote volume sales. Through these transactions, Daramic maintains its position as a critical supplier within the battery manufacturing sector, directly impacting the performance of batteries used in automotive, industrial, and renewable energy applications. Following the acquisition by Kingswood Capital, Daramic, LLC plans to utilize its new resources to enhance battery separator technology and expand its product offerings. The company aims to introduce new products designed to address evolving market demands, with expected launches in 2026.


Daramic is also targeting expansion into emerging markets in Asia and South America by 2027, aiming to establish a stronger presence in these regions. The recent acquisition supports these initiatives, enabling Daramic to strengthen its leadership and promote growth in the battery separator industry.


Current Investors

Kingswood Capital

Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.daramic.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Daramic, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Corporate Carve OutCompletedDaramic, LLC-

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