M&A Deal Summary

Exide Technologies Acquires GNB Technologies Group

On September 29, 2000, Exide Technologies acquired semiconductors company GNB Technologies Group

Acquisition Highlights
  • This is Exide Technologies’ 1st transaction in the Semiconductors sector.
  • This is Exide Technologies’ 1st transaction in the United States.
  • This is Exide Technologies’ 1st transaction in Georgia.

M&A Deal Summary
Date 2000-09-29
Target GNB Technologies Group
Sector Semiconductors
Buyer(s) Exide Technologies
Deal Type Add-on Acquisition

Target

GNB Technologies Group

Atlanta,, Georgia, United States
GNB Technologies Group manufacturing industrial and transportation batteries, supplied approximately 20 percent of the industrial batteries sold in North America for both motive and network power applications.

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Buyer(S) 1

Buyer

Exide Technologies

Milton, Georgia, United States
Category Company
Founded 1888
Sector Electrical Equipment
Employees8,986
Revenue 2.9B TRY (2014)
DESCRIPTION

Exide Technologies is a provider of stored electrical energy solutions batteries and associated equipment and services for transportation and industrial markets.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 Stryten Manufacturing

Milton, Georgia, United States

Stryten Manufacturing is a provider of innovative energy storage solutions. Stryten Manufacturing combines more than 130 years of experience manufacturing high-quality, top-performing batteries with deep industry expertise, providing the marketplace with smart power solutions to keep people and industry moving every day. Stryten operates seven manufacturing plants strategically positioned across the United States to serve the evolving needs of its customers and partners.

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Mergr

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