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Trojan Battery acquired by C and D Technologies

Trojan Battery Company, LLC, the world’s leading manufacturer of deep-cycle energy storage solutions, announced today that its current majority owner, an affiliate of Charlesbank Capital Partners, has reached an agreement with C&D Technologies, a portfolio company of KPS Capital Partners, for C&D Technologies to acquire Trojan.

This acquisition will combine two leading battery manufacturers  (C&D and Trojan Battery) with complementary product portfolios to create one of the largest energy storage providers with over $1.0 billion of revenue, eight manufacturing facilities and a presence in every major region. The transaction is expected to close in approximately 60 days.

The Godber family started Trojan Battery in 1925 and built it into one of the leading deep-cycle battery manufacturers in the world. 

Labels: Trojan Battery,C&D,energy storage

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