Clarios International Inc.
Clarios is one of the world’s largest suppliers of energy storage solutions – also known as batteries. We design and manufacture advanced low-voltage battery technologies for global mobility and industrial applications, offering reliability, safety and comfort to everyday lives. Our batteries are used in traditional cars (with gasoline-powered engines, also known as internal combustion engines or ICEs) as well as in hybrid and electric vehicles (EVs). Our batteries are also used in commercial vehicles, motorcycles, marine vehicles, powersports vehicles and industrial products.
In our core low-voltage mobility battery markets, we are the only global manufacturer and are significantly larger than our nearest competitor by revenue. We believe we are unique in terms of our global capabilities, with the No. 1 market position in both the Americas and Europe, Middle East and Africa (“EMEA”), and the No. 3 market position in Asia.
The majority of demand for our products comes from the aftermarket channel (“aftermarket”), driven by consumer replacements. We sell more than 140 million batteries annually that are distributed to original equipment manufacturer (“OEM”) and aftermarket customers in over 140 countries. We have established one of the world’s most successful examples of a circular economy. We design, manufacture, transport, recycle and recover the materials in vehicle batteries using a closed-loop system. Our batteries are designed so that up to 99% of the materials can be responsibly recovered, recycled and repurposed directly into new batteries.
(Note: This IPO was postponed; it was initially scheduled to price on July 29, 2021.)
|Industry:||Motor Vehicle Parts & Accessories|
|Address||5757 N Green Bay Avenue Florist Tower Milwaukee, Wisconsin, 53209|
|Phone Number||(414) 214-6500|
|View Prospectus:||Clarios International Inc.|
|Revenues||$8186.0 mil (last 12 months)|
|Net Income||$-564.0 mil (last 12 months)|
|Price range||$17.00 - $21.00|
|Est. $ Volume||$1673.9 mil|
|Manager / Joint Managers||BofA Securities/ J.P. Morgan/ Barclays/ BMO Capital Markets/ Credit Suisse/ Deutsche Bank Securities/ Goldman Sachs/ Citigroup/ HSBC/ RBC Capital Markets|
|CO-Managers||Scotiabank/ TD Securities/ CIBC Capital Markets/ Guggenheim SEcurities/ Credit Agricole CIB/ ING/ National Bank of Canada Financial/ Natixis/ Santander/ Siebert Williams Shank|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|