Exide Technologies SAS

Company Profile

■URL

https://www.exidegroup.com/fr/en/

■Address

5 allée des Pierres Mayettes, 92636 Gennevilliers, France

Business Overview

-The Company is a global leader in stored electrical energy solutions focused on the transportation and industrial markets.
 
Competitors
-Clarios
-East Penn Manufacturing

Products

-Advanced lead-acid batteries
-Absorbed Glass Mat batteries
-Enhanced Flooded batteries
-Carbon Boost batteries with carbon additives for better current flow

History

1888 The Company was founded in 1888 as The Electric Storage Battery Company.
1974 The Company was acquired by a subsidiary of INCO Ltd., Principals of The Spectrum Group, Inc.
1983 Other investors acquired the Company from INCO Ltd.
May 1987 Acquired General Battery.
Aug. 1989 The Company's issued and outstanding shares of common stock were acquired by EC Acquisition, Inc. ("ECA"). Immediately after the acquisition, ECA transferred all of the common stock to ECA's wholly owned subsidiary, EC Merger, Inc. ("ECM").
Jun. 1991 Sold substantially all of the assets relating to its industrial division to Yuasa Battery (America), Inc., a California corporation affiliated with Yuasa Battery Co. Ltd. of Japan.
Dec. 1999 Sold its speed clip business to Prestolite Wire Corp as part of its program to divest non-core assets.
Dec. 1999 Acquired a controlling interest in Lion Compact Energy a privately held company conducting research in dual-graphite battery technology.
Dec. 1999 Sold its battery separator operations in Corydon, Indiana to Daramic.
Feb. 2000 Sold its battery charger operations to Midtronics Inc.
Sep. 2000 Acquired GNB Technologies.
Aug. 2001 Present name adopted.
Apr. 2002 The Company and three of its wholly owned, U.S. subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the federal bankruptcy laws in the United States Bankruptcy Court for the District of Delaware.
Nov. 2002 Two additional wholly owned, non-operating subsidiaries of the Company filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court.
Nov. 2012 Formed a strategic alliance with Maxwell Technologies, Inc.
Jun. 2013 Filed voluntary petitions for relief under Chapter 11 bankruptcy for its U.S. operations.
Apr. 2015 Emerged from Chapter 11 bankruptcy as a private company.
May 2020 Filed voluntary petitions for relief under Chapter 11 bankruptcy
Oct. 2020 Announced that its former EMEA and Asia-Pacific business now operates as a standalone company under new owners.

Supplemental Information 1