Atlas Holdings completed the acquisition of the Americas business of Exide Technologies for $179m.

Atlas Holdings, a private investment and equity firm, completed the acquisition of the Americas business of Exide Technologies, a global provider of stored energy solutions, for $179m. "We are gratified to have generated strong interest in our Americas business and delighted to have reached this agreement with affiliates of Atlas, an investor with significant operational and financial resources and a proven track record of building strong, high-performance organizations. Under new ownership, our Americas business will continue delivering high quality energy storage solutions and service to our customers, maximizing future growth and profitability," Tim Vargo, Exide Technologies Chairman, President, and CEO.