BANNER SECURES €60m BATTERY ORDER

by

Austria-based Banner Batteries has secured a lucrative order that will see the company supply 1.5 million lead acid batteries to the North American market.

Valued at €60m (£53.6), Banner’s starter batteries will be retrofitted to European vehicles across both the US and Canada.

Banner’s production site in Austria

Commercial Director Andreas Bawart, said the order would “make a significant contribution to securing jobs in Austria”. Banner has a workforce of around 800, with 520 employed at its Leonding base.

2019: AAG ACQUIRES MAJOR EUROPEAN DISTRIBUTOR

Commenting from a UK perspective, Country Manager, Lee Quinney added: “Whilst not impacting directly on our UK operation, this is obviously fantastic news for Banner to kick-start 2021, and we intend to ensure that the message resonates across our customer base, both live and prospective. Indeed not unlike Banner’s UK position, which itself continues to gain momentum, this latest development swerve to support Banner’s growing status as a truly global supplier of batteries and battery accessories.”

For the latest news and analysis from around the aftermarket, sign up to the CAT eNewsletter today

Brembo buys Öhlins for £310 million

Brake giant acquires Sweden’s high-end suspension manufacturer

Read More

Denso product blitz brings 32 new parts

Japanese supplier launches new components for BMWs, Fords, Mercedes-Benzes and more

Read More

Melett expands turbocharger range

Variety of turbochargers and core assemblies launched for some of the UK’s most popular vehicles

Read More

Movers and Shakers: Yanmar CE appoints president for all-new region

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Delphi launches Tesla servicing course

Course covers issues such as Tesla’s service mode, ADAS calibration and battery work

Read More

Go to comments

Your email address will not be published. Required fields are marked *