Home › magazine › latest news › Trojan Batteries sold to C&D Technologies
Trojan Batteries sold to C&D Technologies
23rd of November 2018
US based battery manufacturer Trojan Battery Company is to be acquired by fellow battery producer C&D Technologies.
The two businesses combined have a turnover of €0.8 billion, eight manufacturing facilities and a presence in every major region.
"Trojan Battery is an industry leader with a great heritage and an amazing team of employees," said Neil Thomas, president and ceo of Trojan Battery. "I'm excited about the agreement with C&D and believe that it will secure the company's future and position it for even greater success in the years ahead."
Since it was founded in 1925 the company has been owned by the Godber family.
"Given C&D and Trojan's complementary portfolios of global manufacturing plants, markets and products, this is a highly compelling combination with tremendous strategic value and an exciting multi-segment growth opportunity," said Armand Lauzon, chief executive officer of C&D.
RSS