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took control over VARTA's consumer battery segment. On 29 May 2019, VARTA AG signed an agreement to acquire the VARTA Consumer
Batteries business for the Europe, Middle East and Africa regions (including the manufacturing and distribution facilities in Germany) from Energizer Holdings, which was
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are entangled in a bitter fight with creditors about who will give up how much of the money they lent to VARTA. Along those lines, in August 2024 a compromise was reached: The shareholders lose their stock, the banks write off ⏠285M of VARTAs debt, Porsche and Tojner make a new combined
440:
By 2006, VARTA AG had sold all its operating divisions, and the
Quandts had sold their shares. VARTA AG then liquidated its remaining assets, contracts, liabilities and shareholdings, in particular the manufacture and sale of VARTA batteries, while continuing its company businesses.
397:
In 1977, VARTA AG's businesses were split up by
Herbert Quandt; battery and plastics operations were retained in VARTA AG, but the pharmaceuticals and specialty chemical businesses were transferred to a new company called
464:, but the company decided to abandon the project two years later to cut cost. In 2023 they cut 800 jobs. An attack on the IT systems in February 2024 forced the production down for one month and prevented the scheduled
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452:), out of a total of 38,200,000 shares. With an issue price of 17.50 euro the company had a value of 668.5 million euro. On 2 January 2019, American company
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in May 2024 which resulted in an exchange loss of some 8,4 %. In June 2024 Varta had accumulated nearly ⏠500M in debt and informed the
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402:, and the electrical business was spun off into a company called CEAG. Herbert Quandt left the company's shares to his children.
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773:"Energizer Holdings, Inc. Announces the Closing of the Spectrum Brands' Battery and Portable Lighting Business Acquisition"
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in late July 2024, that while minor shareholders are destined to lose everything, major shareholder
Michael Tojner and
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about a major restructuring. According to press reports from July 2024, the company intended to reduce its
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In 2020 the government gave Varta ⏠300 Million for the construction of a production facility for EV
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817:"VARTA AG successfully completes acquisition of VARTA Consumer Batteries business from Energizer"
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VARTA AG beendet
Angebotszeitraum vorzeitig und legt Emissionspreis bei 17,50 Euro je Aktie fest
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On 19 October 2017, 11,600,000 shares of the VARTA AG were floated on the stock market (
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VARTA was founded by Adolf MĂźller in 1887, and established in 1904 as a subsidiary of
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Varta solar charger model 57082 with two 2100 mAh NiâMH rechargeable batteries
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751:, Presse release Varta AG at dgap.de, 18 October 2017 (written in German language)
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865:"Varta-Aktie knickt ein: Verschiebung von Jahresabschluss und Hauptversammlung"
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853:"Hackerangriff auf Varta: Produktion erst nach einem Monat wieder angelaufen"
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to zero, which would devaluate its stock. Martin
Buchenau commented in the
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433:. In 2019, VARTA acquired back its former consumer battery business from
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Varta combi charger with two Varta NiCd accumulators (2100 mAh, AA)
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795:"VARTA AG acquires VARTA Consumer Batteries business from Energizer"
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Porsche steigt bei Varta ein â Banken mĂźssen bluten, 18 August 2024
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distribution, recharging and repair of portable accumulators
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673:"Johnson Controls sells Varta Battery - Auto Repair Focus"
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investment of ⏠60M and become the owners of VARTA.
350:
for global automotive, industrial, and consumer markets.
448:), with an additional 1,740,000 bought by underwriters (
761:
Manager-Magazin.de: Energizer Ăźbernimmt Varta-Batterien
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Clemens
Schreiber: "Restrukturierung auf Schwäbisch"
699:"VARTA AG buys back its consumer batteries business"
405:
In 2002, the consumer battery activities (excluding
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73:. Unsourced material may be challenged and removed.
413:. The automotive battery business was acquired by
1140:Companies listed on the Frankfurt Stock Exchange
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913:Official website for VARTA automotive batteries
497:Batteries and other products produced by Varta
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855:unternehmen-cybersicherheit.de, 13 March 2024
508:Poliflex-Accumulator from Varta Microbattery
1150:Manufacturing companies established in 1887
331:
940:
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205:
151:
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133:Learn how and when to remove this message
659:"VARTA Founder Villa Roderbourg history"
302:
14:
1127:
889:"Varta ist der GAU fßr Kleinaktionäre"
877:"Varta ist der GAU fßr Kleinaktionäre"
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547:: monocel with the design of the 1970s
27:German electrical battery manufacturer
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321:
725:"Varta AG â Angaben zum Unternehmen"
370:and industrialist and VARTA CEO Dr.
346:) is a German company manufacturing
71:adding citations to reliable sources
42:
1165:Motor vehicle battery manufacturers
1145:Electric power companies of Germany
24:
25:
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897:
731:. 20 October 2017. Archived from
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571:Varta Pertrix 74, 15-volt battery
520:Rechargeable batteries from Varta
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36:Novator (light armoured vehicle)
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58:needs additional citations for
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1160:Consumer battery manufacturers
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879:Handelsblatt.de, 25 July 2024
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429:businesses were acquired by
419:Brookfield Business Partners
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867:finanzen.net, 15 March 2024
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729:Frankfurt Stock Exchange
454:Energizer Holdings, Inc.
360:Accumulatoren-Fabrik AFA
201:Accumulatoren-Fabrik AFA
30:Not to be confused with
1175:Companies in the TecDAX
614:light produced by VARTA
532:Lithium-ion-accumulator
431:Montana Tech Components
372:Carl Hermann Roderbourg
267:Michael Ostermann, CEO
220:; 136 years ago
466:Annual general meeting
417:, and were sold on to
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311:
1180:Companies in the MDAX
1135:Battery manufacturers
1034:Infineon Technologies
1004:CompuGroup Medical SE
956:companies of Germany
462:lithium-ion batteries
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218:27 December 1887
1099:SMA Solar Technology
1089:Siemens Healthineers
559:Battery from Pertrix
382:. The subsidiary in
280:Electrical batteries
191:Electrical equipment
157:Logo used since 2021
67:improve this article
735:on 21 October 2017.
677:autorepairfocus.com
661:. Villa Roderbourg.
545:zincâcarbon battery
427:home energy storage
271:Marc Hundsdorf, CFO
147:
999:Carl Zeiss Meditec
958:updated 11.02.2024
843:,TAZ, 23 July 2024
679:. 20 November 2018
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969:1&1 Drillisch
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645:"VARTA History"
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481:Handelsblatt
459:
443:
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407:button cells
404:
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388:Soviet Union
376:World War II
357:
314:
313:
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241:Headquarters
236:Adolf MĂźller
180:DE000A0TGJ55
163:Company type
129:
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65:Please help
60:verification
57:
40:
703:evertiq.com
470:Amtsgericht
423:button cell
384:East Berlin
364:World War I
253:Area served
197:Predecessor
1129:Categories
1059:Nemetschek
1054:Nagarro SE
823:1 February
801:1 February
779:1 February
632:References
586:from Varta
584:Coin cells
450:green shoe
326:; German:
319:pronounced
263:Key people
225:1887-12-27
123:March 2015
93:newspapers
1094:Siltronic
1084:Sartorius
1049:MorphoSys
994:Cancom AG
709:19 August
683:19 August
473:Stuttgart
435:Energizer
348:batteries
309:Ellwangen
293:.varta-ag
257:Worldwide
247:, Germany
245:Ellwangen
1039:Jenoptik
1029:Hensoldt
647:. VARTA.
492:Products
374:. After
362:. After
315:VARTA AG
276:Products
187:Industry
146:VARTA AG
1044:Kontron
1024:Freenet
989:Bechtle
979:Aixtron
485:Porsche
411:Rayovac
354:History
335:
286:Website
233:Founder
223: (
215:Founded
107:scholar
82:"VARTA"
1114:Verbio
1074:Qiagen
1069:PNE AG
1064:Nordex
1019:Evotec
974:Adtran
954:TecDAX
705:. 2019
400:Altana
203:
167:Public
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80:
612:torch
114:JSTOR
100:books
32:Warta
18:Varta
825:2022
803:2022
781:2022
711:2024
685:2024
610:LED-
425:and
332:lit.
295:.com
174:ISIN
86:news
1079:SAP
291:www
69:by
34:or
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