M&A Deal Summary

GAIA Akkumulatorenwerke and EnerSys Acquire EAS Germany

On January 1, 2011, GAIA Akkumulatorenwerke and EnerSys acquired electrical equipment company EAS Germany

Acquisition Highlights
  • This is GAIA Akkumulatorenwerke’s 1st and EnerSys’ 10th transaction in the Electrical Equipment sector.
  • This is GAIA Akkumulatorenwerke’s 1st and EnerSys’ 2nd transaction in Germany.

M&A Deal Summary

Date 2011-01-01
Target EAS Germany
Sector Electrical Equipment
Buyer(s) GAIA Akkumulatorenwerke
EnerSys
Deal Type Joint Venture

Target

EAS Germany

Nordhausen,, Germany
EAS Germany GmbH produces lithium-ion based solutions for space, naval, marine and renewable energy applications.

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Buyer(S) 2

Buyer

GAIA Akkumulatorenwerke

Nordhausen,, Germany

Category Company
Founded 1996
Sector Electrical Equipment
DESCRIPTION

GAIA Akkumulatorenwerke GmbH develops, produces, and markets battery systems based on lithium-ion technology.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2011 M&A 1 of 1
Buyer

EnerSys

Reading, Pennsylvania, United States

Category Company
Founded 2000
Sector Electrical Equipment
Employees10,797
Revenue 3.6B USD (2024)
DESCRIPTION

EnerSys is a provider of stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. EnerSys was founded in 2000 and is based in Reading, Pennsylvania.


DEAL STATS #
Overall 10 of 21
Sector: Electrical Equipment M&A 10 of 19
Type: Joint Venture M&A Deals 1 of 1
Country: Germany M&A 2 of 3
Year: 2011 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-30 OEB Traction Batteries

Switzerland

OEB Traction Batteries operate as a battery manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-28 ABSL Power Solutions

Thurso, United Kingdom

ABSL supplies lithium-ion cells and batteries for defense and aerospace applications in Europe and the United States.

Buy -