BNET Industries
Last Fiscal Year Sales:$195.9M
- Public
- DE
Dow Jones Description
Batteries & Accumulators Producer & Distr
Number of Employees 1,404
Peer Companies
NAICS Code Storage Battery Manufacturing: 335911
News & Analysis
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varta ag - All News and Analysis
Power One to supply Phonak.(Manufacturer's News)
WHITE PLAINS, NY -- Power One, an international leader in hearing aid batteries, has entered into an exclusive global, multi-year agreement to supply Phonak with hearing aid batteries. The partnership will serve as a platform for an aggressive marketing campaign designed to benefit hearing healthcare practitioners...
Industry.
In 2002, there were three large acquisitions On October 1, 2002, Rayovac Corp. completed its acquisition of the consumer battery business of Varta AG for an aggregate purchase price, of approx. $258 million. Varta is the leading European- based battery manufacturer of general batteries, is the market leader in...
Industry.
In 2002, there were three large acquisitions: * On October 1, 2002, Rayovac Corp. completed its acquisition of the consumer battery business of Varta AG for an aggregate purchase price, of approx. $258 million. Varta is the leading European-based battery manufacturer of general batteries, is the market leader...
Following the completion of its acquisition of Varta AG, Rayovac Corp., Madison, Wis., will reduce its workforce. (Industry notes).(Brief Article)
Following the completion of its acquisition of Varta AG, Rayovac Corp., Madison, Wis., will reduce its workforce by 630 (14 percent of worldwide totals), close its Mexico City plant, and engage in further restructuring in a bid to save between $35 million and $40 million by ...
Rayovac and Varta sign agreement
Rayovac of Madison, Wisconsin, and Varta AG of Hannover, Germany, have signed an agreement to combine Varta's global consumer battery business with Rayovac. Rayovac will acquire all of the Varta consumer subsidiaries located outside of Germany and will become the majority owner of a new joint venture entity that will...
Johnson Controls to acquire Varta division
AROUND THE INDUSTRY Johnson Controls, Inc., and Varta AG have announced an agreement whereby Johnson Controls expects to acquire Varta's Automotive Battery Division, a major European automotive battery manufacturer. Founded in 1885 and based in Milwaukee, Wisconsin, Johnson Controls will pay Euro 312.5 million for the Varta division. The completion...
Rayovac to buy Varta AG
MADISON, Wis. -- As it looks to challenge Duracell Corp. and Energizer for a share of the overseas battery market, Rayovac Corp. has reached a deal to buy Varta AG's consumer battery business for $256.5 million. The deal, which is expected to close this fall, does not include Varta's...
Johnson Controls to Acquire Varta Automotive Battery Business
Johnson Controls, Inc., and Varta AG said they signed an agreement whereby Johnson Controls expects to acquire Varta's Automotive Battery Division, a major European automotive battery manufacturer. Johnson Controls will pay Euro 312.5 million ($ 305.8 million) for Varta's automotive battery business. The completion of the acquisition is contingent...
Rayovac, Varta to combine battery units.(Brief Article)(Statistical Data Included)
Rayovac Corp., Madison, Wis., and Germany-based Varta AG plan to combine Varta's global consumer battery business with Rayovac. The all-cash transaction, valued at $262 million, is expected to close this fall. Varta's consumer battery products, sold in 100 countries, include: alkaline and zinc carbon primary batteries;...
Local Focus.(Business)
Johnson to acquire Varta battery business NAPERVILLE - Johnson Controls Inc. and Varta AG said Tuesday that Johnson expects to acquire Varta's automotive battery division, a major European maker of car batteries, for $302 million. The deal will be slightly accretive to Johnson's 2003...
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Industry Transcripts by Seeking Alpha
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Deere & Company F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
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on Nov 24, 2009about BWS
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Daktronics Inc. F2Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 24, 2009about DAKT
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Haynes International Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 24, 2009about HAYN
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Valspar Corp. F4Q09 (Qtr End 30/10/09) Earnings Call Transcript
on Nov 23, 2009about VAL

