energizer buys rayovac hearing aid batteries

Energizer Acquires World’s Largest Hearing Aid Battery Supplier, Rayovac, in $2 Billion Deal

MIDDLETON, WISCONSIN — Within a week of media reports that Spectrum Brands Holding Inc was exploring the possible sale of its appliance and battery divisions, Energizer announced on Tuesday it would buy the company’s battery and portable lighting business in a $2 billion cash deal. By acquiring Rayovac from Spectrum as part of the deal,…

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Hearing aid battery maker ups investment in R&D, manufacturing

MADISON, WI—Rayovac, the world’s largest manufacturer of hearing aid batteries, will invest millions of additional dollars in research and development and to expand its manufacturing plants, its parent company, Spectrum Brands Holdings, Inc., announced on August 23. According to Spectrum Brands, the additional investment will support product enhancements and new cell manufacturing and packaging lines,…

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