M&A Deal Summary

Ultralife Acquires ABLE New Energy Co.

On May 23, 2006, Ultralife acquired electrical equipment company ABLE New Energy Co.

Acquisition Highlights
  • This is Ultralife’s 1st transaction in the Electrical Equipment sector.
  • This is Ultralife’s 1st transaction in China.

M&A Deal Summary

Date 2006-05-23
Target ABLE New Energy Co.
Sector Electrical Equipment
Buyer(s) Ultralife
Deal Type Add-on Acquisition

Target

ABLE New Energy Co.

Shenzhen, China
ABLE New Energy Co., Ltd. is a provider of non-rechargeable lithium-manganese dioxide and lithium-thionyl chloride batteries, and supplies a variety of other non-rechargeable and rechargeable battery chemistries, for a wide range of applications worldwide including utility meters, security systems, tire pressure sensors, medical devices, automotive electronics and memory backup, among many others.

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Buyer(S) 1

Buyer

Ultralife

Newark, New York, United States

Category Company
Founded 1990
Sector Electrical Equipment
Employees671
Revenue 164M USD (2024)
DESCRIPTION

Ultralife is a provider of products and services ranging from portable power solutions to communications and electronics systems. Ultralife was founded in 1990 and is based in Newark, New York.


DEAL STATS #
Overall 1 of 8
Sector: Electrical Equipment M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 6
Country: China M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 Reserve Power Systems

Newark, New York, United States

Reserve Power Systems, Inc. is a provider of power solutions, accessories and engineering services.

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