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 leading provider of advanced energy storage solutions for automotive and industrial applications, including a range of lead-acid and lithium-ion battery solutions. The Company primarily serves the EMEA and Asia-Pacific regions.

-In May 2020, the Company filed a voluntary petition for relief under Chapter 11 bankruptcy due to the impact of the COVID-19 pandemic. The Chapter 11 bankruptcy protection was intended to facilitate the sale of the Company’s North American assets. On August 2020, Atlas Holdings launched standalone companies called Stryten Manufacturing and Element Resources following the acquisition of virtually all of the Company’s operating assets for its North American business. In October 2020, the Company began operations as a standalone company focusing on the Europe, Middle East, Asia and Australia markets, concluding its separation from Exide Holdings, Inc. in the U.S.
　
Competitors
-Clarios
-East Penn Manufacturing

Shareholders

-The Company is a private, standalone entity after the conclusion of its separation from Exide Holdings, Inc. in October 2020. The Company transferred its business to long-term shareholders under the U.S.-based Energy Technologies Holdings LLC entity.

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Products

-Advanced lead-acid batteries
-Absorbed Glass Mat batteries
-Enhanced Flooded batteries
-Carbon Boost batteries with carbon additives for better current flow
-Start-stop auxiliary batteries
-Batteries with recycled plastic components to reduce pollutant emissions
-Batteries with 3DX grid technology enabling active mass to stay fixed on mesh, resulting in better performance and longer lifespan

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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
Aug. 2020	Divested operating assets of the Company’s Americas business to Atlas Holdings, which then formed two new companies in Stryten Manufacturing, an energy storage solution manufacturer, and Element Resources, a battery recycling company.
Oct. 2020	Began operations as a standalone company with business focused on the EMEA and Asia-Pacific regions after concluding the transaction of separating from Exide Holdings, Inc. in the U.S.
Oct. 2021	Completed acquisition of ATEPS Nederland BV, a company that develops and manufactures energy storage systems, focusing on lithium-ion based energy storage systems.