EnerSys buys India battery company

Energy solutions business EnerSys (ENS) purchased the remaining shares in their joint venture company in India, Energy Leader Batteries India Private ("Energy Leader").

Energy Leader is a manufacturer of a range of industrial batteries serving both reserve power and motive power customers in India.

"As we have noted previously, we will continue to expand globally to meet the needs of our customers and to better serve additional geographic markets," said John D. Craig, chairman, president and chief executive officer of EnerSys. "This transaction, in addition to our recently completed transactions, meaningfully expands the addressable markets for our products in South Asia."

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