sold the assets of its lithium primary battery business, located at Horsham, Pa., to
The terms of the deal were not disclosed.
John D. Craig, chairman, president and CEO of EnerSys, said, "We are excited about the strategic partnership with ATK for the supply of the batteries presently produced at Horsham and the new products we will develop to meet the future needs especially for the world's aerospace and defense industries. With this acquisition, we will be able to leverage our recent investment in lithium-ion rechargeable batteries to provide a wider offering of these products to our customers."
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