Saft Groupe SA is engaged in designing, developing, and manufacturing of batteries. It operates its business through the following segments: Specialty Battery Group, Industrial Battery Group and Other. The Specialty Battery Group segment manufactures batteries which are used in water, gas and electricity utility meters, automated meter readers and road tolling systems, computer memory back-up systems, satellites, radios and other portable systems for military use, missiles and torpedoes. The Industrial Battery Group segment offers batteries used for standby power supplies for industrial applications, telecommunications networks and the aviation and rail industries as well as the storage of renewable electronics. Other segment includes all related activities. The company was founded in 1913 by Victor Herold and is headquartered in Paris, France.