Stryten to buy C&D Trojan, creating 15-plant US battery maker
What's the deal? Stryten EnergyDealroom has a profile for this one. Try Dealroom → has agreed to acquire C&D TechnologiesDealroom has a profile for this one. Try Dealroom → and Trojan Battery Company, expanding its US manufacturing footprint. Financial terms were not disclosed. The deal is expected to close in the third quarter of 2026, subject to closing conditions and regulatory approvals.
What's the endgame? Once complete, Stryten will run 15 battery manufacturing and component facilities across the US and employ roughly 3,700 people. It will also hold operations in Mexico and China, plus offices across Europe and Asia.
Why now? Stryten framed the move as a response to rising demand across transportation, industrial, and critical infrastructure markets. It plans to boost production of absorbent glass mat (AGM) batteries, used in hybrid and start-stop vehicles and in backup power for data centers and telecoms.
The acquisition widens Stryten's mix of lead- and lithium-based batteries serving automotive, industrial equipment, utilities, telecommunications, data centers, and military customers.
The players: Stryten is a portfolio company of Atlas HoldingsDealroom has a profile for this one. Try Dealroom →, while C&D Trojan is owned by KPS CapitalDealroom has a profile for this one. Try Dealroom → Partners. JefferiesDealroom has a profile for this one. Try Dealroom → is sole financial adviser on the transaction.
"This combination brings together two highly complementary organizations with a shared commitment to delivering reliable, high-performance energy storage solutions," chief executive officer and president Mike Judd said. He added that the combined business would accelerate product development and strengthen its ability to serve military and government customers.
C&D Trojan chief executive officer and president Rick Heller said the deal broadens the companies' product offerings and manufacturing capabilities.
The signal: Stryten says a larger domestic network will bolster its vertically integrated supply chain and its capacity to back US defense programs requiring domestically produced batteries — a bet on reshoring and energy security as data center and grid demand climbs.
Read more: MyChesCo
Image credit: comedy_nose
