1. US-Based EnerSys Acquires Remaining 49.5% Stake in Energy Leader Batteries

    US-Based EnerSys Acquires Remaining 49.5% Stake in Energy Leader Batteries

    EnerSys, an international player in stored energy solutions for industrial applications, has acquired the remaining shares in the Indian joint venture company Energy Leader Batteries India Pvt Ltd for an undisclosed amount, the company said in a release.  Energy Leader Batteries is a manufacturer of a range of industrial batteries serving both reserve power and motive power customers in India. Incorporated in 2007, Hyderabad-based Energy Leader Batteries India manufactures valve-regulated-lead acid batteries for industrial applications. It markets its products under the brand name 'Energy Leader'.

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  1. Quotes

    1. This transaction, in addition to our recently completed transactions, meaningfully expands the addressable markets for our products in South Asia.
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