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Wednesday 23 June 2021
HomeNewsTunisia: Assad, Enersys increase their joint venture capital

Tunisia: Assad, Enersys increase their joint venture capital

As part of the development and integration of activities of industrial batteries in North Africa, Assad and Enersys groups have decided to increase the capital of their subsidiary “ENERSYS-Assad” for 2 million dinars.

The capital increase will allow “ENERSYS-Assad” to make the necessary investment to double, as soon as possible, its production capacity and create two subsidiaries.

The first, Enersys-Assad Industrial, will be designed to assemble a wider range of industrial batteries in Tunisia. The second, Enersys-Assad North Africa, international trade company, is dedicated to distribution in North African countries.

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