en.Wedoany.com Reported - Stryten Energy LLC (Stryten Energy) has entered into a definitive agreement with C&D Technologies, Inc. and Trojan Battery Company, LLC (C&D Trojan) to acquire C&D Trojan, creating a scaled platform to drive global battery manufacturing and deliver comprehensive energy storage solutions across key markets. Upon completion of the transaction, the company will continue to be led by Stryten CEO and President Mike Judd. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
"This combination brings together two highly complementary organizations united in their commitment to delivering reliable, high-performance energy storage solutions," said Mike Judd, CEO and President of Stryten Energy. "By integrating our capabilities, we will accelerate innovation, expand our manufacturing footprint, and better serve customers in the transportation, industrial, critical power, and military and government sectors."
"C&D Trojan and Stryten Energy share a strong commitment to innovation, manufacturing excellence, and serving customers in critical markets," said Rick Heller, President and CEO of C&D Trojan. "By combining our organizations, we are expanding our capabilities, broadening our solutions portfolio, and building a stronger foundation to support our customers' evolving energy storage needs."
The combined organization will offer one of the industry's most comprehensive portfolios of lead-based and lithium-based energy storage technologies, covering a wide range of markets and applications, including: transportation (automotive, trucks, heavy-duty vehicles, lawn and garden, marine, low-speed electric vehicles (LSEV), RVs, and other applications), critical power (AI/data centers, uninterruptible power supplies (UPS), telecommunications, utilities, nuclear power, and grid infrastructure), industrial (material handling, mining, rail, ground care, aerial work platforms, and industrial equipment), and military and government (wheeled tactical vehicles, missile defense systems, submarines, logistics, and mission-critical infrastructure).
"Acquiring C&D Trojan will enhance our ability to deliver a complete portfolio of energy storage solutions to our customers," said Judd. "Together, we will build a stronger, more agile company well-positioned to meet evolving energy demands."
Upon completion of the transaction, Stryten will operate 15 battery manufacturing and component plants in the United States, supported by 3,700 employees. This expanded domestic footprint will strengthen Stryten's vertically integrated manufacturing supply chain and its ability to produce energy storage solutions at scale to meet growing demand. Additionally, Stryten plans to expand manufacturing capacity for absorbed glass mat (AGM) batteries to address increasing demand for advanced lead batteries in hybrid and start-stop vehicle technologies, as well as data center and telecommunications resilience applications. Enhanced scale, expanded product breadth, and strengthened domestic manufacturing capabilities will also enable Stryten to expand support for U.S. Department of War programs and mission-critical infrastructure, delivering reliable, domestically produced solutions that meet stringent performance and safety requirements.
Stryten is a portfolio company of Atlas Holdings LLC. C&D Trojan is a portfolio company of KPS Capital Partners, LP. Paul Hastings LLP is serving as legal counsel to Atlas and Stryten. Jefferies is serving as exclusive financial advisor, and Paul, Weiss, Rifkind, Wharton and Garrison LLP is serving as legal counsel to KPS and C&D Trojan.
