# Ultralife Shares Jump 145% as EnerSys Agrees to $320 Million Takeover

> EnerSys acquires Ultralife for $16 per share, a 166% premium, sparking 145% share surge.
- Title: Ultralife Shares Jump 145% as EnerSys Agrees to $320 Million…
- Summary: EnerSys acquires Ultralife for $16 per share, a 166% premium, sparking 145% share surge. EnerSys agreed to buy Ultralife for $320 million at $16 per share, a…
- Keywords: enersys, ultralife, takeover, defense power, feco, cash offer, share price, premium, finance, markets, Shares, Jump
- Source: BigGo Finance — https://finance.biggo.com/news/e4a66a5b-f7a0-4fe0-b605-402d7b1cd9cc
- Author: BigGo Finance
- Published: 2026-10-28T14:05:16+00:00
- Read time: 1 min
- Topics: enersys, ultralife, takeover, defense power, feco, cash offer, share price, premium, finance, markets
## EnerSys Acquires Ultralife
EnerSys agreed to acquire Ultralife Corporation in an all-cash deal valued at about $320 million including net debt.
## Share Price Jump
Ultralife shares jumped 145% on the news, while EnerSys edged higher.
## Offer Details
EnerSys will launch a tender offer for all outstanding Ultralife common shares at $16.00 apiece.
## Premium to Closing
That price represents a 166% premium to Ultralife's Oct. 26 close.
## Target Closing Date
The deal is expected to close in the first quarter of 2027.
## Strategic Rationale
The combination widens EnerSys' reach into munitions, soldier-worn power units, drones, counter-drone systems and autonomous platforms.
## FEOC Compliance
Both companies stressed that the combined portfolio would be compliant with Foreign Entity of Concern standards.
## Cost Synergies
EnerSys expects $15 million to $20 million in annual cost synergies within 18 months.
## Key takeaway

EnerSys agreed to buy Ultralife for $320 million at $16 per share, a 166% premium to Ultralife's Oct. 26 close, after Ultralife shares jumped 145%.