The Banner Group has started 2026 on an extremely strong footing by announcing its success in securing two major new, long-term contracts with a total value of EUR 195 million.
Serving to underline the competitiveness, quality and reliability of Banner’s lead-acid battery product offering, the new orders will help secure and bolster The Power Company’s production output between now and 2028.
Secured in what Banner states is a challenging market environment, the new contracts have been secured with existing and long-standing partners from the automotive industry in both Europe and North America, and will serve to strengthen Banner’s position as a reliable provider of battery solutions for various powertrain applications.
As Werner Töpfl, CEO of Banner states: “The two new three-year contracts are a great way to start the year. Indeed they are a strong signal, both internally for our employees and externally to the market as they serve to underpin Banner’s focus on product quality and strategic innovation.”
Leading the three-year contract gains, and with a value of over EUR 120 million, is an order with one of Germany’s leading automotive manufactures. Under the terms of the agreement, Banner will supply its lead-acid batteries for start-stop applications, plug-in hybrid vehicles and electric vehicles. Products will be supplied as both original equipment and as replacement parts.
“The fact that such an internationally renowned automotive manufacturer is once again placing its trust in Banner for several powertrain technologies over such a long period confirms our technological expertise and our high delivery reliability,” emphasises Franz Märzinger, Banner Group’s Head of Sales and Marketing.
The second contract, with a projected value of EUR 75 million, will help strengthen the presence of the Banner Group in North America and Canada. Involving the supply of batteries for vehicles with start-stop systems, as well as for conventional internal combustion engine vehicles, this contract will undoubtedly underpin Banner’s relationship and association with another long-standing customer.
As Franz Märzinger adds: “The North American aftermarket places high demands on quality, logistics and availability. The fact that we were able to win this contract shows that we are perceived as a reliable partner even under the most demanding of supply conditions.”
Commenting from a UK perspective, Country Manager, Lee Quinney stated: “The new contract gains are extremely important to the Banner Group in terms of supporting its strength in both the original equipment and aftermarket arenas within what are strategically important export markets. From a UK perspective, Banner GB has entered 2026 on an equally buoyant footing having witnessed yet another year of record sales across all operating sectors. As such, the entire team is looking forward to continuing to make further headway over the next twelve months.”
