Berks

Enersys to appeal part of German Competition Authority fine

BERN TWP., Pa. - Enersys, Inc., the Berks County-based global battery maker, this week agreed to pay the German Competition Authority €12.6 million (approximately $13.5 million) for conduct relating to its motive power battery business.

The company announced Tuesday it is appealing a separate €10.0 million (approximately $10.7) fine decision related to Enersys' reserve power battery business. Enersys is not required to escrow any portion of the proposed fine during the appeal process.

The German Competition Authority (Bundeskartellamt) is an independent competition authority whose task is to protect competition in Germany.

Enersys, headquartered in Bern Township, is a manufacturer, marketer and distributor of industrial batteries and related products, and provides after-market and customer-support services for these products.

The company operates in North and South America, Europe, the Middle East, Africa, Asia, Australia, and Oceania.


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