The acquisition of EnerSystem enhances EnerSys position to the growing markets such as South America and its recently announced transaction in South Africa.
EnerSys chairman, president and CEO John Craig said this is the company’s third transaction completed in as many weeks with the other being its investment in the German lithium-ion joint venture, which builds on its strategy of investing in non lead-acid battery technologies.
"These investments will allow EnerSys to continue to provide supporting our customers globally with solutions to that best fit their needs," Craig said.
EnerSys is a provider of stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers globally.
EnerSystem is a manufacturer, marketer and services industrial batteries.
