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Business
OM Group To Acquire EaglePicher Unit
by Alexander H. Tullo
January 4, 2010
| A version of this story appeared in
Volume 88, Issue 1
Cobalt and nickel compounds maker OM Group is buying EaglePicher Technologies, a battery maker, from EaglePicher for $172 million. EaglePicher Technologies, which had $125 million in sales in its last fiscal year, makes batteries for aerospace, defense, and medical applications. The technologies at its disposal include nickel-hydrogen, silver-zinc, and a variety of lithium-based batteries. “We believe EaglePicher will provide us a strong and portable base from which we can accelerate our growth in battery materials,” OM CEO Joseph M. Scaminace says.
The power is now in your (nitrile gloved) hands
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