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EnerSys (ENS)

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  • Sep. 18, 2013, 7:53 AM
    • Industrial battery maker EnerSys (ENS) agrees to acquire Purcell Systems for $115M; Purcell is a maker of thermally managed electronic equipment and battery cabinet enclosures for telecom, broadband, utility, rail and military applications.
    • ENS says the transaction will be accretive to its EPS by $0.15-$0.20 in the first year; it will be financed using existing cash and credit facilities.
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Company Description
EnerSys manufactures, markets and distributes industrial batteries and related products such as chargers, power equipment and battery accessories. It also provides after-market and customer-support services for industrial batteries.