Germany's Varta spins off household battery division

NAMPA / DPA

2026-10-08

Stuttgart (dpa) - German battery manufacturer Varta is spinning off its consumer battery business into an independent company following the insolvency of its parent group, with all 990 jobs expected to be preserved. Germany's Economy Ministry has approved the separation of the financially successful consumer battery division from Varta AG Group, the company announced on Thursday. No job cuts are planned as part of the restructuring. The division'......

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