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EnerSys to acquire Ultralife for $320 million

PUBLIC · ENSOct 27, 2026

Acquiring Company

EnerSys

Acquired Company

Ultralife

ReadingNew YorkManufacturingEnergyRenewable Energy

Description

EnerSys has entered into a definitive agreement to acquire Ultralife for $16.00 per share, a 166% premium over the closing price on October 26, 2026. This acquisition aims to expand EnerSys's capabilities in differentiated battery technologies and accelerate growth in the defense market.

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Company Information

Company

EnerSys

Location

Reading, Ohio, United States

About

EnerSys is the global leader in stored energy solutions for industrial applications. We complement our extensive line of motive power, reserve power, aerospace/defense and specialty batteries with a full range of integrated services and systems. With sales and service locations throughout the world, and over 100 years of battery experience, EnerSys is the Power/Full Solution for stored DC power products.

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Frequently asked

Who acquired Ultralife?

Ultralife was acquired by EnerSys, based in Reading. The deal was reported on October 27, 2026. EnerSys is the global leader in stored energy solutions for industrial applications. EnerSys is publicly traded (ENS).

When did EnerSys acquire Ultralife?

EnerSys's acquisition of Ultralife was reported on October 27, 2026. EnerSys has entered into a definitive agreement to acquire Ultralife for $16.00 per share, a 166% premium over the closing price on October 26, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ultralife do?

Ultralife is a global provider of battery and energy solutions, known for its advanced battery technologies and systems. The company focuses primarily on defense and commercial markets, providing high-performance energy solutions. It is privately held, operating in Manufacturing, and is based in New York.

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