EnerSys acquires battery manufacturer ENSER
Written By: Stratton Report
April 14, 2016
On April 14, EnerSys, a stored energy solutions provider for industrial applications, today announced that it has completed the acquisition of certain assets of The Enser Corporation
ENSER is a leading manufacturer of molten salt “thermal” batteries used in powering a multitude of electronics, guidance, and other electrical loads on many of today’s advanced weapon systems. ENSER’s proprietary lithium silicon cobalt disulfide chemistry provides increased power density required for next-generation strategic defense weapons and precision guided weapon systems.
The acquisition of ENSER provides EnerSys with additional technologies, expanded relationships with major aerospace and defense customers, and opportunities for additional synergies within its lithium businesses.
Michael J. Schmidtlein, Executive Vice President and Chief Financial Officer of EnerSys noted:
“This acquisition is a natural extension of our capabilities in the aerospace and defense markets. ENSER’s products are powering many of today’s most advanced weapon systems and we look forward to expanding our products and services in this crucial and strategic market.”
Jeffrey W. Long, President – Americas of EnerSys, commented: “We greatly value the U.S. Government’s Title III investments into ENSER’s products, facilities and technology and we are excited to incorporate these advanced properties into the EnerSys portfolio.”