GS Yuasa completes acquisition of lead-acid battery business from Panasonic  [ Japan ]

GS Yuasa Corporation announced that it has completed the acquisition of an 85.1% stake in Panasonic Storage Battery Co., Ltd., which manufactures and sells lead-acid batteries. As a result of this transaction, Panasonic Storage Battery became a consolidated subsidiary of GS Yuasa and changed its corporate name to GS Yuasa Energy Co., Ltd. Panasonic retains the remaining 14.9% in GS Yuasa Energy...
<Oct 03, 2016>