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EnerSys to acquire Ultralife for $320M

PUBLIC · ENSOct 26, 2026

Acquiring Company

EnerSys

Acquired Company

Ultralife

ReadingCity Of RochesterManufacturingEnergyRenewable Energy

Description

EnerSys has agreed to acquire battery manufacturer Ultralife Corp. for approximately $320 million in cash, or $16 per share. The deal expands EnerSys' defense power business and U.S. manufacturing capabilities. Completion is expected in the first quarter of 2027, subject to regulatory approvals and tender of a majority of Ultralife's shares.

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Company Information

Company

EnerSys

Location

2366 Bernville Road

Reading, Pennsylvania, 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 26, 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 26, 2026. EnerSys has agreed to acquire battery manufacturer Ultralife Corp. for approximately $320 million in cash, or $16 per share. The deal expands EnerSys' defense power business and U.S. manufacturing capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ultralife do?

Ultralife Corp is a provider of communication systems and power solutions. The company specializes in designing and manufacturing batteries and energy systems for various applications, including military and industrial use. It is publicly traded (ULBI), operating in Manufacturing, and is based in City Of Rochester.

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