Delta Emd
Battery in Nelspruit

Delta EMD is a leading global supplier of electrolytic manganese dioxide used primarily for the manufacture of dry cell batteries worldwide.

The company has decided, subject to shareholder approval, to discontinue operations during 2014 and to realise value for the company’s assets during 2014 and The company has considered a number of strategic options including the sale of the business, a change in strategy, and discontinuation. Efforts to sell the business have not been successful, however the company will consider any further interest, and the company’s several sites might be of interest to different purchasers. The investigation of alternative strategies also has not identified attractive investment opportunities. Given the declining state of the global EMD market, and Delta EMD’s deteriorating financial performance, the company has concluded that the discontinuance of the business in an orderly manner is the most prudent course of action.