EnerSys, the international battery manufacturer, has bought competitor NorthStar for $182.5 million, the firm announced on September 19.
It will install a high-speed production line at one of NorthStar’s two factories in Springfield, Missouri, adding $175 million of production capacity with a production rate three times that of existing lines.
NorthStar’s TPPL batteries are close in design and performance to the EnerSys TPPL brand NexSys, which marked a sales milestone on September 30. EnerSys said it had reached 50,000 sold in the US since the batteries were launched there in 2011.
The NexSys range was launched in EMEA under the XFC brand in 2011, then changed to NexSys and sold globally in 2015, the company said.