EnerSys Acquires Interest in EAS Germany GmbH

EnerSys (NYSE: ENS) has acquired interest in EAS Germany GmbH, a entirely owned subsidiary of Lithium Technology Corporation (OTC Pink:LTHU).

As quoted in the press release:

EnerSys formed the joint venture with LTC as a minority partner in Nordhausen, Germany in August 2011 to produce large format lithium-ion battery cells.

Click here to read the EnerSys (NYSE: ENS) press release.