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Filed: 2026-10-27 AccNo: 0001193125-26-434415 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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EnerSys has entered into a definitive agreement to acquire Ultralife Corporation for $16.00 per share in cash, representing an enterprise value of approximately $320 million.
EnerSys has scheduled the release of its financial results for the second quarter of fiscal year 2027.
The South and Central America forklift battery market is projected to grow from US$ 190.7 million in 2024 to US$ 266.7 million by 2031, with a CAGR of 5.0%. Growth is driven by rising e-commerce activity, warehouse development, industrial modernization, and infrastructure investment. Brazil leads the regional market, supported by expanding e-commerce and automotive industries. Lead Acid batteries currently hold the largest market share, while smart battery management systems with IoT and AI integration are creating new opportunities.