KPS to Sell C&D Trojan to Stryten Energy

Paul, Weiss is advising KPS Capital Partners and its portfolio companies C&D Technologies, Inc. and Trojan Battery Company, LLC (together known as C&D Trojan) in the sale of C&D Trojan to Stryten Energy LLC. C&D Trojan designs and manufactures stationary and specialty motive batteries. The deal will create a scaled platform to advance global battery manufacturing and deliver comprehensive energy storage solutions across critical markets. Financial terms of the transaction, expected to close in the third quarter of 2026 subject to customary closing conditions, were not disclosed.

The Paul, Weiss team is led by corporate partners Angelo Bonvino, Cullen Sinclair and Daniel Fuschillo, and includes partners Alena Thomas, Suhan Shim and Steven Kaye and counsel Ryan Starstrom; antitrust partners Ross Ferguson and Yuni Sobel; tax partner Robert Killip; intellectual property partners Chuck Googe and Brianna van Kan; executive compensation partner Linda Barrett; litigation partner Aidan Synnott and counsel Audrey Paquet and Marques Tracy; real estate partner Peter Fisch; and environmental counsel William O'Brien.