EnerSys buys ICS Industries

News Story
- 30 Jul 2015 ( #729 ) - Reading, PA, United States
1 min read
John Craig
John Craig
EnerSys, a global leader in stored energy solutions for industrial applications, has completed the acquisition of ICS Industries, headquartered in Melbourne, Australia.

ICS is a leading full-line shelter designer and manufacturer serving the telecommunications, utilities, data centre, natural resources and transport industries operating in Australia and the Asia Pacific region. With office, warehouse and manufacturing facilities located in Melbourne, Sydney, Brisbane, Adelaide and Perth, ICS offers turnkey solutions for equipment facilities.

The acquisition of ICS by EnerSys will create a leading reserve power, site solutions, field services and motive power business in Australia, according to an EnerSys statement.

"This acquisition is part of our strategy of geographic expansion into rapidly growing markets such as the Asia Pacific region," says EnerSys chairman John D. Craig. "ICS has a comprehensive suite of products and services that will create a broader integrated product offering, including reserve power batteries and service, for EnerSys customers in the region. We anticipate that this acquisition will be accretive to our financial results over the next twelve months."

Mark Tough, president of EnerSys Asia, says the acquisition allows EnerSys to provide customers with a much wider scope of services and products in the Asia Pacific region. "We are now able to offer a fully integrated solution from site design, preparation and construction to fully supported maintenance contracts for our customers. "

With the acquisition of ICS, EnerSys in Australia will have local capabilities in research and development, civil, mechanical and electrical engineering services, building construction, structural design and site certification, tower installations, project management and maintenance support services as well as local warehousing and manufacturing facilities to offer complete solutions for its customers.
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