Petros Petropoulos AEBE agreed on Monday 2nd of July, to acquire Exide Technologies? Greek subsidiary, Exide Technologies AEEΣ. The acquired Company will be the exclusive distributor for all brands of automotive batteries manufactured by Exide Technologies in the territories of Greece, Cyprus, Albania and FYROM.
Exide Technologies is the world?s second largest automotive battery manufacturer, with sales in 89 countries.
The Company was established in Thessaloniki in 1922. It manufactures, modifies, distributes and supports a wide range of automotive products including automobiles, trucks, buses, generating sets, diesel engines, boats, outboard engines, agricultural and industrial equipment. The Company has a leading position in the Greek market in almost all branches of its activity.