Atlas Holdings Acquires Exide Americas Assets to Establish Stryten Manufacturing and Element Resources

Atlas Holdings completed a court-supervised Section 363 purchase of substantially all operating assets of the Americas business of Exide Technologies, LLC and launched two standalone companies — Stryten Manufacturing and Element Resources — to operate the acquired battery manufacturing and recycling businesses. Stryten Manufacturing (headquartered in Milton, Georgia) will operate multiple U.S. battery plants serving transportation, industrial and network-power markets, while Element Resources will own and operate lead-battery recycling facilities in Missouri and Indiana.