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PesquisAdC
CCENT/2005/14
Case details
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Merger control
Case reference
CCENT/2005/14 - ENERSYS INC./MOTIVE POWER BUSINESS
Acquiring
EnerSys, Inc.
Description
is a corporation quoted on the New York Stock Exchange, with its registered offices in the USA; as the world leader in stored energy solutions for industrial applications, it has several European subsidiaries. It has an extensive range of motive power, reserve power and special battery systems
Acquired
Motive Power Business
Description
the business area of the Italian FIAMM Group devoted to the manufacture of motive power batteries. It is present in Portugal through the distributor Movimenta, Equipamentos de Movimentação de Cargas, Lda.
Sector
Extractive and manufacturing Industries
Activity (NACE)
C27 - Manufacture of electrical equipment
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 01 March 2005, the merger consists of the acquisition by the undertaking EnerSys, Inc. of the Motive Power Business belonging to the Grupo Fabrica Italiana Accumulatori Motocarri Montecchio S.p.A. ("FIAMM").
Timeline
2005-04-21
Competition Authority approves the acquisition by ENERSYS of FIAMM´s Motive Power Business
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