18.09.2013 13:37:02

EnerSys To Buy Purcell Systems - Quick Facts

(RTTNews) - EnerSys (ENS) announced an agreement to acquire Purcell Systems Inc., headquartered in Spokane, WA for $115 million. The company expects the transaction will be accretive to its earnings by 15 to 20 cents per share in the first year. The company said the transaction will be financed using existing cash and credit facilities.

Purcell Systems is a designer, manufacturer and marketer of thermally managed electronic equipment and battery cabinet enclosures for customers globally in telecommunication, broadband, utility, rail and military applications.

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EnerSys Cos. 87,20 -1,41% EnerSys Cos.