VARTA
Part of Montana Tech Components
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VARTA Snapshot
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.
