The EU Commission clears a merger, subject to remedies, in the markets for batteries and portable battery chargers (Varta / Energizer)

Mergers: Commission approves Varta AG's acquisition of Energizer's divestment business, subject to conditions* The European Commission has approved, under the EU Merger Regulation, Varta AG as a suitable purchaser of assets divested by Energizer in order to acquire Spectrum Brands' batteries and portable lighting business. The Commission also approved Varta AG's acquisition of the divested assets under EU merger rules, subject to conditions. In December 2018, the Commission approved the acquisition of Spectrum Brands' batteries and portable lighting business by Energizer, subject to conditions. In particular, Energizer was required to sell its business of Varta-branded and unbranded household and specialty batteries to a suitable purchaser. The divestiture was proposed by Energizer

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European Commission, The EU Commission clears a merger, subject to remedies, in the markets for batteries and portable battery chargers (Varta / Energizer), 3 December 2019, e-Competitions December 2019, Art. N° 92633

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