C&D Technologies to acquire Trojan Battery Company from Charlesbank Capital Partners

KPS Capital Partners' portfolio company C&D Technologies has agreed to acquire Trojan Battery Company from Charlesbank Capital Partners and other shareholders. The combined company will have over $1.0 billion in revenue and eight manufacturing facilities in the US, Mexico and China.

“KPS Capital Partners, LP announced today that its portfolio company C&D Technologies, Inc. has agreed to acquire Trojan Battery Company, LLC from Charlesbank Capital Partners, LLC and other shareholders.”kpsfund.com

• 3 sources
• kpsfund.comKPS Capital Partners Portfolio Company C&D Technologies to Acquire Trojan Battery Company - Private Equity Firm, Manufacturing | KPS Capital PartnersNov 6, 2018
• prnewswire.comKPS Capital Partners Portfolio Company C&D Technologies To Acquire Trojan Battery CompanyKPS Capital Partners, LPNov 6, 2018
• batteriesinternational.comTrojan Battery to be sold to C & D Technologies – Batteries InternationalStaff WriterNov 8, 2018

Summarized from public sources; check the original articles before acting on it.