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EnerSys Acquires Battery Business

 Reading, PA — EnerSys completed its acquisition of Industrial Battery Holding S.A., the parent company of EnerSystem. EnerSystem has more than 20 years of experience in manufacturing, marketing and servicing industrial batteries. It is headquartered in Buenos Aires, Argentina, with manufacturing plants in Argentina, Brazil and operations in Chile. “This acquisition builds on our strategy of geographic expansion into rapidly growing markets such as South America and our recently announced transaction in South Africa. This is our third transaction completed in as many weeks with the other being our investment in the German lithium-ion joint venture, which builds on our strategy of investing in non lead-acid battery technologies,” says John D. Craig, chairman, president and CEO of EnerSys. “These investments will allow EnerSys to continue to provide supporting our customers globally with solutions to that best fit their needs.”

Material Handling Equipment Distributors Association