Acquisition opens U.S. market for French battery vendor
Feb 1, 2007 12:00 PM
Lognes, France-based battery manufacturer Uniross announced its acquisition of U.S.-based Multiplier Industries Corp. According to Walter Ullrich, president, CEO and founder of Multiplier, the acquisition gives Uniross a strategic presence in the U.S. battery market for high-end, two-way radios.
“The attraction of the U.S. market is that more than fifty percent of two-way radio batteries are used in the U.S.,” Ullrich said.
Multiplier will manufacture several Uniross products at its Mt. Kisco, N.Y., headquarters and will sell several of the company's products as a result of the acquisition. However, the Multiplier name will remain, the company will continue to manufacture its own products for the OEM, commercial and public-safety sectors, and all current employees will be retained, Ullrich said.
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