Saft takes control of Nersac lithium-ion battery factory

PR Newswire/Les Echos/ 
       Saft takes control of Nersac lithium-ion battery factory 
Paris, January 7th, 2013 - Saft, the world leader in the design and manufacture
of advanced technology batteries for industry announces that it has bought 
from Johnson Controls Inc the Nersac Li-ion battery facility near Angoulême in
This transaction took place on 1 st January 2013, in line with the agreement
concluded with Johnson Controls on 30th September 2011 relating to the sale of
Saft's shares in the Johnson Controls-Saft joint venture, for a total
consideration of $145m. 
This factory, which employs 90 people today provides Saft with complementary
Li-ion battery production capacity for its different markets. It is already
qualified to manufacture batteries for the automotive industry and has been
building Li-ion batteries for hybrid and electric vehicles since 2009. 
The facility which has a current capacity of 60 MWh, can be doubled with 
limited investment and is equipped to produce the same cells as Saft's 
Jacksonville plant. 
"Taking control of the Nersac Li-ion factory and thereby increasing our
production capacity in Europe is an important part of Saft's strategy to
accelerate our growth and to further deploy our Li-ion technologies into high
growth markets such as energy storage and vehicles, but also into our
traditional markets" said John Searle, Chairman of Management Board, Saft
About Saft
Saft (Euronext: Saft) is a world leader in the design and manufacture of
advanced technology batteries for industry. The Group is the world's leading
manufacturer of nickel batteries and primary lithium batteries for the
industrial infrastructure and processes, transportation, civil and military
electronics markets. Saft is the world leader in space and defence batteries
with its Li-ion technologies which are also being deployed in the energy
storage, transportation and telecommunication markets. Saft's 4,000 employees
present in 19 countries, its 16 manufacturing sites and extensive sales 
network all contribute to accelerating the Group's growth for the future.
For more information, visit Saft at 
Press contacts: 
Jill Ledger, Corporate Communications and Institutional Relations Director 
Tel.: +33 1 49 93 17 77, e-mail :  
FTI Consulting Strategic Communications
Matthew Stroud, Tel.: +33 1 47 03 68 10,  
Astrid Villette, Tel.: +33 1 47 03 68 10,  
N° 01-13                                       
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-0- Jan/07/2013 07:46 GMT
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