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Mergers & Acquisitions | 10 April 2012

EnerSys Acquires 50.5% In Energy Leader Batteries

by Irfan Khan
EnerSys Acquires 50.5% In Energy Leader Batteries
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US based EnerSys has acquired 50.5% stake in Hyderabad-based Energy Leader Batteries India Private Limited, a VRLA battery manufacturer through its Singapore subsidiary - EnerSys Reserve Power Pte. Ltd.

Akasam Consulting Private Limited was the sole advisor to Energy Leader Batteries for this transaction.

Incorporated in 2007, Energy Leader Batteries manufactures valve-Regulated-Lead Acid (VRLA) Batteries for industrial applications. The company offers VRLA batteries for Telecom industry (fixed line operators, cellular service providers, switch & exchange OEMs) and Railways.

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