NEWS RELEASE

On 29/01/19, ASSAD and EnerSys signed an agreement to restructure their business relationship, established for more than 10 years, through the foundation of the Joint Venture EnerSys-Assad. EnerSys is in the process of adjusting its organization, its product diversity and production in order to develop its future strategy, particularly development of cutting-edge technologies.

ASSAD continues its strategy of developing its industrial batteries activity and is working to towards becoming a key regional player in manufacturing and marketing.