-
Posted: July 29, 2024Categories: NewsRead more »
READING, Pa.--(BUSINESS WIRE)--Jul. 26, 2024-- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that it has completed its acquisition of Bren-Tronics. The acquisition of Bren-Tronics marks a significant milestone in EnerSys’ strategic growth and expansion initiatives.
“We are very pleased to have closed this important transaction and can officially welcome Bren-Tronics to the EnerSys family,” said EnerSys President & CEO David M. Shaffer. “EnerSys’ combination with Bren-Tronics will strengthen our position as a critical enabler of the energy transition and supports our growth in the attractive and growing military and defense end markets.”
Shaffer added, “Our acquisition will accelerate EnerSys’ transformation in expanding our lithium product offerings, growing revenue and profitability and advancing toward our fiscal year 2027 targets.”
Bren-Tronics, headquartered in&
-
Posted: July 29, 2024Categories: News
Read more »- Bren-Tronics, Inc. is a leading manufacturer of portable power solutions, including small and large format lithium batteries and charging solutions, for military and defense applications
- Acquisition brings strong engineering and product development capabilities with extensive new product roadmap
- Complementary product portfolio will strengthen EnerSys’ Specialty Aerospace & Defense business and relationship with the U.S. Department of Defense
- Lithium expertise accelerates EnerSys’ strategic initiative to increase revenue and profitability from lithium products
- Expected to be accretive immediately after closing
READING, Pa.--(BUSINESS WIRE)--May 2, 2024-- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced it has entered into a definitive agreement to acquire Bren-Tronics, Inc. in an all-cash transaction of $208 million. The purchase price represents app
CUSTOM SOLUTIONS find out more
QUESTIONS? find out more
Monthly Archives: July 2024
Login
Copyright © 2024 Bren-Tronics, Inc. All rights reserved.