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EnerSys Reaches Agreement with FIAMM

EnerSys of Reading, Pennsylvania, has reached agreement in principle to acquire the motive power battery business of FIAMM S.p.A. of Italy. The transaction is expected to close in EnerSys’s first fiscal quarter of 2006.

Consummation of the transaction is subject to the execution of mutually acceptable definitive documentation and the satisfaction of customary closing conditions, including the receipt of government consents.

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