EnerSys Completes Acquisition of German Lithium-Ion Battery Maker

EnerSys has completed the acquisition of the minority interest of EAS Germany GmbH previously owned by GAIA Akkumulatorenwerke GmbH, a wholly owned subsidiary of Lithium Technology Corporation (LTC). EnerSys formed the joint venture with LTC as a minority partner in Nordhausen, Germany in August 2011 to produce large format lithium-ion battery cells. EnerSys will continue the […]