Exide Technologies SAS
Company Profile
■URL
https://www.exidegroup.com/fr/en/
■Address
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
>>>Business report FY ended Mar. 31, 2008
>>>Business report FY ended Mar. 31, 2009
>>>Business report FY ended Mar. 31, 2010
>>>Business report FY ended Mar. 31, 2011
>>>Business report FY ended Mar. 31, 2012
>>>Business report FY ended Mar. 31, 2013
>>>Business report FY ended Mar. 31, 2014
Note: A figure in brackets ( ) indicates a loss