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.

EnerSys provides 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 applications include OEM and aftermarket applications in material handling, railway and mining markets. Reserve Power applications include telecommunications, uninterruptible power supply (UPS), electronics, security, portable power, switchgear/utility, and sports and leisure.

In March 2002, the company acquired the reserve power and motive power business of the Energy Storage Group of Invensys plc. In June 2005, it acquired the motive power battery business of FIAMM, S.p.A. (FIAMM).

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