Manbat, one of the UK’s largest battery distributors, has substantially increased its presence in the industrial battery sector, with the acquisition of Battery Power Systems (BPS) of East Kilbride.
BPS is an independent that supplies the forklift, floor-care, emergency power and electric vehicle sectors with batteries, chargers and quality service on a national basis. With this acquisition, Manbat becomes one of the country’s largest suppliers in the 2-Volt, 6-Volt and 12-Volt industrial traction battery sector.
Commenting on the move Manbat’s managing director, Steve Sheppard said: “The acquisition fits well with Manbat’s desire to strengthen its position within the industrial battery sector and generally into markets additional to automotive. It is also a good indication of parent company Eco-Bat’s desire to support Manbat in its expansion plans and now means that Manbat’s industrial division is a £9m turnover business.”
For BPS, George Wotherspoon added: “Although prior to our talks with Manbat we had no thought of selling the business, it was clear during our conversations that there was an obvious synergy with the two businesses and a comfortable relationship was quickly formed between our organisations. We are now looking forward to an even brighter future together as our combined strengths will allow us to grow evermore quickly.”
Manbat is also pleased to confirm that all 35 members of staff currently employed by BPS will remain with the business and that BPS will continue to be headed by commercial director, Keith MacDonald.
