M&A - EnerSys

Form Type: DEF 14A

Filing Date: 2025-06-18

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525142723

Filing Summary: On June 18, 2025, EnerSys filed a definitive proxy statement in connection with its upcoming virtual annual meeting. The filing highlighted the company's acquisition of Bren-Tronics, aimed at enhancing its military and defense capabilities. EnerSys reported significant financial growth in Fiscal Year 2025, including a 1.0% increase in sales to $3.617 billion and a 32.2% rise in operating earnings to $464.7 million. The company emphasized its strategic initiatives that have contributed to increasing profitability and cash flow amidst challenges in key markets. The proxy statement also included details on stockholder votes for the election of three Class III director nominees, the ratification of Ernst & Young LLP as the independent registered public accounting firm, and an advisory vote on executive compensation.