Stryten Energy adds C&D Trojan
Bringing together complementary battery portfolios, the acquisition creates a platform with 15 U.S. manufacturing facilities and 3,700 employees.
Takeaways
- C&D Trojan is a manufacturer of stationary and specialty motive batteries.
- Stryten Energy is acquiring C&D Trojan with backing from Atlas Holdings.
- The target serves Transportation, essential power, industrial, military and government across United States.
Atlas Holdings-backed Stryten Energy has agreed to acquire C&D Trojan, a manufacturer of stationary and specialty motive batteries, from KPS Capital Partners.
The deal brings together complementary portfolios serving transportation, essential power, industrial, and military and government markets.
“C&D Trojan and Stryten Energy share a strong commitment to innovation, manufacturing excellence, and serving customers in critical markets,” said Rick Heller, President and CEO of C&D Trojan.
Once closed, Stryten CEO Mike Judd will lead the combined business, which will operate 15 U.S. facilities with 3,700 employees and plans to expand AGM battery production for data centers and telecom.
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