HOLLAND (WHTC-AM/FM) — The former Johnson Controls Power Solutions Group launched a new entity named Clarios after being sold to Brookfield Business Partners. Clarios is now the global market leader in automotive batteries producing one-third of the automotive industry’s total battery output per year and generating $8 billion in annual revenue.
Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise.
Clarios will be producing one-third of the automotive industry’s total output per year, and looking to expand, according to a statement from the company emailed to media.
“At Clarios our vision is to power progress by creating the world’s smartest energy storage solutions that benefit people, business, and the planet,” said Joe Walicki, Clarios’s president. “As a global leader with a product used in virtually every vehicle from conventional to fully electric, we are well positioned to capitalize on market trends, including a move toward more electrified and autonomous vehicles which are elevating the critical role of the battery and accelerating the need for more advanced batteries. Under Brookfield’s ownership, we can better capitalize on these growing trends and operate with more focus and efficiency.”
Clarios batteries are designed and made so up to 99 percent of the materials can be recovered and reused in the new batteries it makes. Clarios has pioneered a closed-loop collection system that is a model for the circular economy that it continues to share across the globe.
The company will maintain its current global manufacturing and operations footprint, including its corporate headquarters in Glendale, Wisconsin.
