-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DDZ75A61fV9CzTc8mRWWYpqjFbb5OZnc4L8UdDr4MjySchpc39OYNg8F1K2NH2zr F/zo5J3fOKzqYRJQo/1RTA== 0000911420-07-000065.txt : 20070126 0000911420-07-000065.hdr.sgml : 20070126 20070126100409 ACCESSION NUMBER: 0000911420-07-000065 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070126 DATE AS OF CHANGE: 20070126 GROUP MEMBERS: MARK J. LEDER GROUP MEMBERS: RODGER R. KROUSE GROUP MEMBERS: SCSF CAPITAL SECURITIES ADVISORS, LP GROUP MEMBERS: SCSF CAPITAL SECURITIES FUND, LP GROUP MEMBERS: SCSF CAPITAL SECURITIES OFFSHORE FUND, LTD GROUP MEMBERS: SCSF CAPITAL SECURITIES, LLC GROUP MEMBERS: SCSF EQUITIES, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: C&D TECHNOLOGIES INC CENTRAL INDEX KEY: 0000808064 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 133314599 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38840 FILM NUMBER: 07554787 BUSINESS ADDRESS: STREET 1: 1400 UNION MEETING ROAD STREET 2: PO BOX 3053 CITY: BLUE BELL STATE: PA ZIP: 19422 BUSINESS PHONE: 2156192700 MAIL ADDRESS: STREET 1: 1400 UNION MEETING ROAD STREET 2: PO BOX 3053 CITY: BLUE BELL STATE: PA ZIP: 19422 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCSF Equities, LLC CENTRAL INDEX KEY: 0001358623 IRS NUMBER: 202978626 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5200 TOWN CENTER CIRCLE STREET 2: SUITE 470 CITY: BOCA RATON STATE: FL ZIP: 33486 BUSINESS PHONE: (561) 394-0550 MAIL ADDRESS: STREET 1: 5200 TOWN CENTER CIRCLE STREET 2: SUITE 470 CITY: BOCA RATON STATE: FL ZIP: 33486 SC 13D/A 1 d238282000.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3)* C&D TECHNOLOGIES, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 124661109 (CUSIP Number) MICHAEL H. KALB SUN CAPITAL SECURITIES, LLC 5200 TOWN CENTER CIRCLE, SUITE 470 BOCA RATON, FLORIDA 33486 (561) 394-0550 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -with a copy to- CLIFFORD E. NEIMETH, ESQ. GREENBERG TRAURIG, LLP THE METLIFE BUILDING 200 PARK AVENUE NEW YORK, NY 10166 (212) 801-9200 JANUARY 25, 2007 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) SCSF Equities, LLC 20-2978626 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) PN - ------------------------------------------------------------------------------- 2 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Sun Capital Securities Offshore Fund, Ltd. 20-4202392 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) CO - ------------------------------------------------------------------------------- 3 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Sun Capital Securities Fund LP 20-0768577 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) PN - ------------------------------------------------------------------------------- 4 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Sun Capital Securities Advisors, LP 20-0768517 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) PN - ------------------------------------------------------------------------------- 5 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Sun Capital Securities, LLC 20-0768441 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) PN - ------------------------------------------------------------------------------- 6 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Marc J. Leder - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) IN - ------------------------------------------------------------------------------- 7 SCHEDULE 13D - ------------------------------------------------------------------------------- CUSIP No. 124661109 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) Rodger R. Krouse - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [_] (b) [X} - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS (See Instructions) OO - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES -0- (See Item 5) BENEFICIALLY ------------------------------------------------------- OWNED BY 8. SHARED VOTING POWER EACH REPORTING 3,123,834 (See Item 5) PERSON ------------------------------------------------------- WITH 9. SOLE DISPOSITIVE POWER -0- (See Item 5) ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,123,834 (See Item 5) - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) IN - ------------------------------------------------------------------------------- 8 This Amendment No. 3 relates to and amends the Statement of Beneficial Ownership on Schedule 13D of SCSF Equities, LLC, a Delaware limited liability company, Sun Capital Securities Offshore Fund, Ltd., a Cayman Islands corporation, Sun Capital Securities Fund, LP, a Delaware limited partnership, Sun Capital Securities Advisors, LP, a Delaware limited partnership, Sun Capital Securities, LLC, a Delaware limited liability company, Marc J. Leder and Rodger R. Krouse (collectively, the "Reporting Persons"), initially filed jointly by the Reporting Persons with the Securities and Exchange Commission on November 7, 2006, as heretofore amended by Amendments No. 1 and 2 thereto (as heretofore and hereby amended, the "Schedule 13D"), with respect to the Common Stock, par value $0.01 per share, of C&D Technologies, Inc., a Delaware corporation (the "Issuer"). Items 4, 5 and 7 of the Schedule 13D are hereby amended as hereinafter expressly set forth. All capitalized terms used and not expressly defined herein have the respective meanings ascribed to such terms in the Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION. Item 4 of the Schedule 13D is hereby amended to add the following: On January 25, 2007, representatives of the Reporting Persons submitted to the Issuer's Corporate Secretary for delivery to and consideration by the Issuer's Nominating/Corporate Governance Committee and full Board of Directors the letter filed herewith as Exhibit C, the complete text of which is incorporated in this Item 4 in its entirety. The Reporting Persons expressly reserve all of their rights with respect to all actions referred to under, and reconfirm all of their statements previously made in response to, Item 4 of Schedule 13D. Item 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 of the Schedule 13D is hereby amended to add the following: (a)--(b) As of the date hereof, the Reporting Persons beneficially own and have the shared power to vote and shared power of disposition over 3,123,834 shares of the Common Stock of the Issuer, or approximately 12.2% of the Issuer's outstanding Common Stock. (c) Except for the transactions referenced in the Schedule 13D, there have been no other transactions in the securities of the Issuer effected by the Reporting Persons during the past 60 days except for the following transaction: on December 26, 2006, the Reporting Persons purchased 1,200 shares of Common Stock at $4.55 per share, increasing the total number of shares owned by the Reporting Persons to 3,123,834 shares of Common Stock. The transactions were effected through trades in the open market on the New York Stock Exchange. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. Item 7 of the Schedule 13D is hereby amended to add the following: Exhibit A Joint Filing Agreement, dated January 26, 2007, by and among each of the Reporting Persons. Exhibit B Limited Power of Attorney, dated June 29, 2006, by and among the Reporting Persons (incorporated herein by reference to Exhibit C to Amendment No. 1 to the Schedule 13D filed by the Reporting Persons with respect to the Issuer on December 18, 2006). Exhibit C Letter, dated January 25, 2007. 9 SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 26, 2007 SCSF EQUITIES, LLC By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES OFFSHORE FUND, LTD. By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES FUND, LP By: Sun Capital Securities Advisors, LP Its: General Partner By: Sun Capital Securities, LLC Its: General Partner By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES ADVISORS, LP By: Sun Capital Securities, LLCP Its: General Partner By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES, LLC By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO * ------------------------------------------- Marc J. Leder * ------------------------------------------- Rodger R. Krouse 10 The undersigned, by signing his name hereto, does sign and execute this Amendment No. 3 to Schedule 13D pursuant to the Limited Power of Attorney executed by the above Reporting Persons and incorporated by reference hereto on behalf of the Reporting Persons. Dated: January 26, 2007 *By: /s/ Michael H. Kalb Attorney in Fact ------------------------------------- Michael H. Kalb 11 EXHIBIT A SCHEDULE 13D JOINT FILING AGREEMENT In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file this amendment to the Schedule 13D to which this joint filing agreement is attached, and any and all future amendments to the Schedule 13D, and have duly executed this joint filing agreement as of the date set forth below. Dated: January 26, 2007 SCSF EQUITIES, LLC By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES OFFSHORE FUND, LTD. By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES FUND, LP By: Sun Capital Securities Advisors, LP Its: General Partner By: Sun Capital Securities, LLC Its: General Partner By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES ADVISORS, LP By: Sun Capital Securities, LLCP Its: General Partner By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO SCSF CAPITAL SECURITIES, LLC By:* ---------------------------------------- Name: Marc J. Leder Its: Co-CEO * ------------------------------------------- Marc J. Leder * ------------------------------------------- Rodger R. Krouse The undersigned, by signing his name hereto, does sign and execute this Joint Filing Agreement pursuant to the Limited Power of Attorney executed by the above Reporting Persons and incorporated by reference hereto on behalf of the Reporting Persons. Dated: January 26, 2007 *By: /s/ Michael H. Kalb Attorney in Fact ------------------------------------- Michael H. Kalb EXHIBIT C SCSF EQUITIES, LLC 5200 Town Center Circle, Suite 470 Boca Raton, Florida 33486 561-394-0550 January 25, 2007 Board of Directors C&D Technologies, Inc. 1400 Union Meeting Road Blue Bell, Pennsylvania 19422 Attention: James D. Dee, Corporate Secretary - --------- Ladies and Gentlemen: As you are aware, SCSF Equities, LLC, a Delaware limited liability company ("SCSF EQUITIES"), an affiliate of Sun Capital Securities Group, LLC, a Delaware limited liability company ("SUN CAPITAL"), is the record and beneficial owner of 3,122,634 shares of common stock, $0.01 par value (the "COMMON STOCK"), of C&D Technologies, Inc., a Delaware corporation (the "COMPANY"), representing approximately 12.2% of the outstanding shares of Common Stock. Over the past year, we have developed a strong understanding of the Company's leading market position, strategic direction, competitive strengths and weaknesses, and opportunities for operating improvement. We have conducted an extensive review of the Company's publicly available filings, reports and records; we have studied all relevant analysts' reports; we have reviewed the operating and financial performance of the Company's peers; we have analyzed the Company's customer base and end-markets; and our representatives have engaged in dialogues, from time to time, with the Company's senior management team. Although the Company faces challenges and must refine its strategic direction, Sun Capital remains enthusiastic about the Company's prospects and we are highly supportive of the Company's senior management team and executive leadership capacity. In addition to being one of the Company's largest stockholders, we have extensive experience managing industrial businesses that are "in transition". We take a long-term view when making our portfolio investment decisions, and we have substantial strategic and financial M&A and restructuring transaction experience. We believe these attributes, combined with our vast network and resources, and our proven track record, would be a substantial benefit to the Company's senior management and the Company's Board of Directors (the "BOARD"), and most importantly, a substantial benefit to all of the Company's stockholders - -- who have suffered a serious erosion in investment value over the past three years. In our opinion, the Board faces several critical path issues at this time. The successful resolution of these matters will have a material impact on stockholder value. We appreciate the Company's overall operating strategy and believe that we can be very instrumental in assisting management and the Board with its execution and further refinement of that strategy. Specifically, we are prepared to work closely with management and the Board to (a) optimize the Company's manufacturing footprint, (b) enhance the Company's capital structure, (c) identify viable acquisition candidates to supplement the Company's organic growth, (d) restructure or divest the Company's power electronics business and (e) reduce the Company's raw materials costs. Sun Capital is willing and able to provide invaluable leadership, strategic creativity and prompt execution in all of these areas. Since our initial investment in June 2006, we have strived to develop and build a non-intrusive, yet constructive, relationship with the Company's senior management team and the Board. As you may know, we offered to provide the Company with liquidity and capital resources on commercially favorable terms prior to the Company's public announcement that it consummated its private placement of 20-year 5.5% Convertible Senior Notes ("Notes"), which are currently trading at more than 20% above par. Furthermore, Sun Capital spent considerable time performing due diligence on a potential strategic acquisition for the Company and offered its assistance to help management arrange a new senior credit facility. While we believe we have built a solid relationship with you -- one based on mutual respect -- we regret that our recent attempts to discuss matters of Board composition have not resulted in an invitation from the Company to participate in a transparent and collaborative process with the Nominating/Corporate Governance Committee. We can appreciate that it was difficult to dedicate the necessary time and attention to meeting with us because of the distractions of the recent holiday season and the substantial work commitments of the Board and senior management at this time as C&D's fiscal year-end approaches. Accordingly, we hereby reiterate our strong desire to actively and meaningfully participate and consult with the Nominating/Corporate Governance Committee and the full Board in the Company's director selection, review and nomination process in connection with the 2007 Annual Meeting of Stockholders, including the identification, evaluation, selection and nomination of highly qualified director candidates, which may include the submission of our recommendation of candidates for Company nomination and election to the Board. We hope to have a meaningful and constructive discussion with the Board relating to the foregoing as soon as possible in view of the impending stockholder advance nomination deadline of February 2, 2007. We look forward to your prompt response and to continuing our collective efforts. Kind Regards, /s/ Michael H. Kalb Michael H. Kalb Managing Director cc: Mr. William Harral, III, Chairman Mr. John A. Shober, Chairman of Nominating/Corporate Governance Committee -----END PRIVACY-ENHANCED MESSAGE-----