EnerSys acquires Melbourne-based ICS Industries

EnerSys, which operates in the field of stored energy solutions for industrial applications, has announced that it has completed the acquisition of Melbourne-based ICS Industries Pty Ltd (ICS).

ICS is a full line shelter designer, manufacturer, installation and maintenance services company serving the telecommunications, utilities, data centre, natural resources and transport industries in Australia and in the Asia Pacific region. It has office, warehouse and manufacturing facilities in Melbourne, Sydney, Brisbane, Adelaide and Perth.

The acquisition of ICS by EnerSys will result in a larger reserve power, site solutions, field services and motive power business in Australia.

"This acquisition is part of our strategy of geographic expansion into rapidly growing markets such as the Asia Pacific region," said John D Craig, chairman and chief executive officer of EnerSys. "ICS has a comprehensive suite of products and services that will create a broader integrated product offering, including reserve power batteries and service, for EnerSys customers in the region. We anticipate that this acquisition will be accretive to our financial results over the next 12 months."

Mark Tough, president of EnerSys Asia, said, "We are excited to be able to provide our customers with a much wider scope of services and products in the Asia Pacific region. We are now able to offer a fully integrated solution from site design, preparation and construction to fully supported maintenance contracts for our customers. We welcome ICS to the EnerSys family."

With the acquisition of ICS Industries, EnerSys in Australia will have local capabilities in research and development, civil, mechanical and electrical engineering services, building construction, structural design and site certification, tower installations, project management and maintenance support services as well as local warehousing and manufacturing facilities to offer complete solutions for its customers.