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Overview

Employees
4601|1001-5000
Type
Public Company
Revenue
Non-Applicable per year
Competitors
N/A
Headquarters
European Union (EU)
Founded
06/28/2012|1887
Category
Renewable Energy

VARTA AG is active in the business segments Microbatteries and Power & Energy through its operating subsidiaries VARTA Microbattery GmbH and VARTA Storage GmbH. Already an innovation leader in the microbattery sector and a market leader for hearing-aid microbatteries, VARTA Microbattery GmbH also aspires to market leadership for lithium-ion batteries. VARTA Storage GmbH focuses on the design, system integration and assembly of stationary lithium-ion energy storage systems for households and commercial applications as well as customized battery storage systems for OEM customers. The Group’s operating subsidiaries are currently active in more than 75 countries around the world, with four production and assembly facilities in Europe and Asia as well as distribution centers in Asia, Europe and the United States. Imprint: https://www.varta-ag.com/imprint-varta-ag/?lang=en Varta Aktiengesellschaft manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. The Company offers lithium-ion batteries for hearing aids, cameras, telephones, toys, watches, wearables, and headphones. Varta serves microbattery sectors worldwide. VARTA AG is a German company manufacturing batteries for global automotive, industrial, and consumer markets. Varta, once one of the biggest names in the battery market, has lost its buzz. After selling its consumer battery business to Rayovac (now known as Spectrum Brands), and its automotive battery division to Johnson Controls in 2002, Varta in 2006 divested its micro-battery business, VARTA Microbatterie, a subsidiary the company created in 2001. Global Equity Partners Beteiligungs-Management, an Austrian buyout firm, bought VARTA Microbatterie in late 2006. Since 2007, the company has been in the process of selling the assets and equity previously part of the manufacture and sale of the VARTA lineup. Deutsche Bank's industrial and private equity holding company, DB Investor, is the majority owner of Varta.

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