C&D Technologies sells certain assets of its Motive Power Division to Crown Battery Manufacturing of Fremont, Ohio for an undisclosed sum. C&D has also entered into a five year agreement with Crown to market C-Line, V-Line and Velocity batteries. Crown will also supply sealed LIBRA batteries and FERRO series chargers to the motive power industry. Under the terms of the arrangement Crown will become the authorized warranty service provider for the installed base of C&D's motive batteries and chargers. Additionally, Crown will take over C&D's motive power branch operations in Canada, New York and California. In June C&D Technologies did sell its Power Electronics Division (PED) to Murata Manufacturing for $85 million cash.