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Enersys® Acquires Industrial Battery And Charger Services Limited And Expands Its Motive Power Service Offerings In The Uk

Apr 06, 2023•over 2 years ago

Acquiring Company

EnerSys

Acquired Company

Industrial Battery and Charger Services Limited (IBCS)

Reading

Description

EnerSys®, (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that it has acquired Industrial Battery and Charger Services Limited (IBCS), a leading battery service and maintenance provider based in the United Kingdom (UK).

Company Information

Company

EnerSys

Location

Reading, Berkshire, United Kingdom

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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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed