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investment of ⏠60M and become the owners of VARTA. The deal was based on the Act on the
Stabilization and Restructuring Framework for Companies (Gesetz ĂŒber den Stabilisierungs- und Restrukturierungsrahmen fĂŒr Unternehmen, StaRUG) (âStaRUGâ) from 2021. Under the act, the majority of the creditors has to agree to a restructuring plan, then the approval of the shareholders can be substituted by a court decision, preventing the sharholders from blocking their own sequestration.
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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
446:
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.
403:
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
470:, 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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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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779:"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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823:"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 MĂŒller 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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757:, Presse release Varta AG at dgap.de, 18 October 2017 (written in German language)
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871:"Varta-Aktie knickt ein: Verschiebung von Jahresabschluss und Hauptversammlung"
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859:"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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439:. 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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801:"VARTA AG acquires VARTA Consumer Batteries business from Energizer"
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Porsche steigt bei Varta ein â Banken mĂŒssen bluten, 18 August 2024
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384:, most of the VARTA shares passed from GĂŒnther Quandt to his son,
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lto.de, published 17 September 2024, retrieved 18. September 2024
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Dr. Thomas
Hausbeck: "Wenig Chancen fĂŒr private Varta-AktionĂ€re"
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372:, VARTA together with AFA was acquired by German industrialist
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distribution, recharging and repair of portable accumulators
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334:
679:"Johnson Controls sells Varta Battery - Auto Repair Focus"
356:
for global automotive, industrial, and consumer markets.
454:), with an additional 1,740,000 bought by underwriters (
767:
Manager-Magazin.de: Energizer ĂŒbernimmt Varta-Batterien
847:
Clemens
Schreiber: "Restrukturierung auf SchwÀbisch"
705:"VARTA AG buys back its consumer batteries business"
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In 2002, the consumer battery activities (excluding
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Aerial picture of the Varta Microbattery factory in
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73:. Unsourced material may be challenged and removed.
419:. The automotive battery business was acquired by
1158:Companies listed on the Frankfurt Stock Exchange
931:Official website for VARTA automotive batteries
503:Batteries and other products produced by Varta
951:
861:unternehmen-cybersicherheit.de, 13 March 2024
8:
514:Poliflex-Accumulator from Varta Microbattery
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1168:Manufacturing companies established in 1887
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133:Learn how and when to remove this message
665:"VARTA Founder Villa Roderbourg history"
642:
501:
895:"Varta ist der GAU fĂŒr KleinaktionĂ€re"
883:"Varta ist der GAU fĂŒr KleinaktionĂ€re"
553:: monocel with the design of the 1970s
27:German electrical battery manufacturer
321:
7:
731:"Varta AG â Angaben zum Unternehmen"
376:and industrialist and VARTA CEO Dr.
352:) is a German company manufacturing
71:adding citations to reliable sources
1183:Motor vehicle battery manufacturers
1163:Electric power companies of Germany
25:
737:. 20 October 2017. Archived from
577:Varta Pertrix 74, 15-volt battery
526:Rechargeable batteries from Varta
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36:Novator (light armoured vehicle)
58:needs additional citations for
1188:1887 establishments in Germany
1178:Consumer battery manufacturers
1:
885:Handelsblatt.de, 25 July 2024
463:completed on 2 January 2020.
435:businesses were acquired by
425:Brookfield Business Partners
873:finanzen.net, 15 March 2024
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392:was later occupied by the
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735:Frankfurt Stock Exchange
460:Energizer Holdings, Inc.
366:Accumulatoren-Fabrik AFA
201:Accumulatoren-Fabrik AFA
30:Not to be confused with
1193:Companies in the TecDAX
620:light produced by VARTA
538:Lithium-ion-accumulator
437:Montana Tech Components
378:Carl Hermann Roderbourg
267:Michael Ostermann, CEO
220:; 136 years ago
472:Annual general meeting
423:, and were sold on to
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311:
1198:Companies in the MDAX
1153:Battery manufacturers
1052:Infineon Technologies
1022:CompuGroup Medical SE
974:companies of Germany
468:lithium-ion batteries
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218:27 December 1887
1117:SMA Solar Technology
1107:Siemens Healthineers
565:Battery from Pertrix
388:. The subsidiary in
280:Electrical batteries
191:Electrical equipment
157:Logo used since 2021
67:improve this article
741:on 21 October 2017.
683:autorepairfocus.com
667:. Villa Roderbourg.
551:zincâcarbon battery
433:home energy storage
271:Marc Hundsdorf, CFO
147:
1017:Carl Zeiss Meditec
976:updated 11.02.2024
849:,TAZ, 23 July 2024
685:. 20 November 2018
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1002:Atoss Software AG
987:1&1 Drillisch
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16:(Redirected from
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803:. 29 May 2019
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739:the original
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687:. Retrieved
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487:Handelsblatt
465:
449:
445:
413:button cells
410:
402:
394:Soviet Union
382:World War II
363:
314:
313:
268:
241:Headquarters
236:Adolf MĂŒller
180:DE000A0TGJ55
163:Company type
129:
120:
110:
103:
96:
89:
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65:Please help
60:verification
57:
40:
709:evertiq.com
476:Amtsgericht
429:button cell
390:East Berlin
370:World War I
253:Area served
197:Predecessor
1147:Categories
1077:Nemetschek
1072:Nagarro SE
829:1 February
807:1 February
785:1 February
638:References
592:from Varta
590:Coin cells
456:green shoe
319:pronounced
263:Key people
225:1887-12-27
123:March 2015
93:newspapers
1112:Siltronic
1102:Sartorius
1067:MorphoSys
1012:Cancom AG
715:19 August
689:19 August
479:Stuttgart
441:Energizer
354:batteries
329:âčSee Tfdâș
309:Ellwangen
293:.varta-ag
257:Worldwide
247:, Germany
245:Ellwangen
1057:Jenoptik
1047:Hensoldt
653:. VARTA.
498:Products
380:. After
368:. After
332:German:
315:VARTA AG
276:Products
187:Industry
146:VARTA AG
1062:Kontron
1042:Freenet
1007:Bechtle
997:Aixtron
491:Porsche
417:Rayovac
360:History
341:
286:Website
233:Founder
223: (
215:Founded
107:scholar
82:"VARTA"
1132:Verbio
1092:Qiagen
1087:PNE AG
1082:Nordex
1037:Evotec
992:Adtran
972:TecDAX
711:. 2019
406:Altana
203:
167:Public
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88:
80:
618:torch
114:JSTOR
100:books
32:Warta
18:Varta
831:2022
809:2022
787:2022
717:2024
691:2024
616:LED-
431:and
338:lit.
295:.com
174:ISIN
86:news
1097:SAP
291:www
69:by
34:or
1149::
839:^
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336:â
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