Acquisition of DBS Leoch Ltd by Leoch International Holdings Ltd March 2020

Company Announcement 10th March 2020

The 12th March 2020 marks a significant step in the corporate journey of DBS Leoch Ltd. From this date we are delighted to announce the 100% acquisition of DBS Leoch Ltd by our existing parent company, Leoch International Holding Ltd, and a new trading name in the UK of Leoch Battery UK Ltd.

Founded in 1999 and listed on the Hong Kong Stock Exchange (stock code 842), Leoch is one of the largest multi-range battery manufacturers in the world with coverage in more than 100 countries. Leoch’s focus is on reserve power batteries, SLI batteries and motive power batteries and further information on the Company can be found on its website at www.leoch.com.

Since January 2018 we have enjoyed direct affiliation between Leoch and ourselves trading as DBS Leoch Ltd. The stake holding will further affirm our position in the UK battery market, in both industrial and lifestyle markets. The new agreement will enable us to benefit from even greater access to Leoch’s immense capabilities in battery production and Research & Development across the Far East, and has been in the planning stages for more than two years ever since the previous Joint Venture. An even stronger foundation will be created to enable us to move the business forwards in the UK and in turn, support our loyal customers to achieve their corporate growth.

On a day to day working basis, the team and phone numbers here in Market Harborough will remain the same although there will of course be corporate developments in terms of corporate naming, visual brand identity, website and email. The new address for the website will be www.leochbattery.co.uk although redirects will operate from the previous address ensuring that no communication goes astray. Please ensure you have updated your internal records and systems from DBS Leoch Ltd to Leoch Battery UK Ltd.

We are incredibly excited for what the future will bring and will keep you updated throughout the course of the year and beyond. In the meantime, please don’t hesitate to direct any questions to your Account Manager.