Exide acquires Aker Wade to forge motive powerhouse

US-based lead-acid giant Exide Technologies has moved to tighten its grip on the motive power market by acquiring fast-charge tech pioneer Aker Wade Power Technologies.
Aker Wade designs and manufactures advanced charging systems for industrial forklifts— and the acquisition will see the firm’s chargers become part of Exide’s GNB Industrial Power battery portfolio.