U.S. based EnerSys, the global leader in stored energy solutions for industrial applications, Monday announced the completion of its acquisition of Industrial Battery Holding S.A.

Battery Holding S.A. is the parent company of EnerSystem, a market leader in the South American motive power and reserve power battery markets. EnerSystem has more than 20 years of experience in manufacturing, marketing and servicing industrial batteries and is headquartered in Buenos Aires, Argentina with manufacturing plants in Argentina and Brazil as well as operations in Chile.  

John D. Craig, chairman, president and chief executive officer of EnerSys commented, "The acquisition builds on EnerSys’ strategy of geographic expansion into rapidly growing markets such as South America and the company’s recently announced transaction in South Africa.”

According to Craig, 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 EnerSys’ strategy of investing in non lead-acid battery technologies. These investments will allow EnerSys to continue to provide supporting its customers globally with solutions to that best fit their needs."

EnerSys, the world leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide.  Motive power batteries are utilized in electric forklift trucks and other commercial electric powered vehicles.  

Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including aerospace and defense systems.  

EnerSys® operates manufacturing and assembly facilities worldwide for customers in over 100 countries. Worldwide and Americas headquarters are located in Reading, Pennsylvania, USA with regional headquarters in Europe and Asia.

Since 2002, the company has embarked on an acquisition expansion spree, beginning with the acquisition of the reserve power and motive power business of the Energy Storage Group of Invensys plc. In June 2005, EnerSys acquired the motive power battery business of FIAMM, S.p.A. (FIAMM), which complemented its then existing European motive power business.

The company also made smaller acquisitions of a producer of specialty nickel-based batteries based in Germany; a producer of lithium power sources, primarily for aerospace & defense applications located in the USA; a lead-acid battery business in Switzerland; a manufacturing facility in China, and a 97% interest in a producer of industrial batteries, located in Bulgaria.

18th October 2011