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EnerSys manufacturing plant fire on day it reveals plans to buy out rival lead battery maker

Fri, 09/20/2019 - 11:30 -- Paul Crompton

Mixed fortunes at US lead-acid battery maker EnerSys this week as news of its plans to buy out N Holding AB, the parent company of NorthStar, came hours after reports of a fire at its motive power production facility in Kentucky.

On 19 September the firm announced a fire broke out in the battery formation area of its Richmond, Kentucky facility.

The fire came just ahead of EnerSys announcing it has entered into an agreement to acquire all issued and outstanding shares of N Holding AB, the parent company of NorthStar, from Altor Fund II.  

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