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New Deal


Announced

Completed

Energy Products completed the acquisition of Global Battery Direct.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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battery producer

Domestic

Single Bidder

United States

Electrical Components

Acquisition

Majority

Private

Completed

Friendly

Synopsis

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Energy Products, a battery distributor, completed the acquisition of Global Battery Direct, a battery distributor, based in Ocean Isle Beach, North Carolina. Financial terms were not disclosed. "This expansion aligns perfectly with our strategic vision of providing unparalleled support and a comprehensive portfolio of industry leading products to our valued partners and customers. By integrating Global Battery Direct into our network, we are poised to deliver exceptional results and customer experiences for our combined Battery Partners in the eastern United States," Brett Smith, Energy Products President.

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