Saft on track to sell its small nickel batteries located Nersac

Specialist batteries received a firm offer of resumption of its activity SNB (small nickel batteries) from the French investment company Fin'Active.

Saft has received a firm offer end of 2012 to resume its activity SNB (small nickel battery, small nickel batteries) located in Nersac Charente. This offer comes from the French investment company Fin'Active.

"Saft has granted exclusivity to Fin'Active and starts the process of consultation with employee representative bodies," commented the industry.

At the end of this process, Fin'Active resume the manufacturing activity of these batteries for emergency lighting and professional electronics market, with all the some 340 employees.

The price offered for this acquisition lead Saft to incur a loss on disposal of approximately 10 million euros.