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Varta
VARTA AG (; german: link=no, Vertrieb, Aufladung, Reparatur transportabler Akkumulatoren – ) is a German company manufacturing batteries for global automotive, industrial, and consumer markets. History VARTA was founded by Adolf Müller in 1887, and established in 1904 as a subsidiary of Accumulatoren-Fabrik AFA. After World War I, VARTA together with AFA was acquired by German industrialist Günther Quandt and Industrialist and VARTA CEO Dr. Carl Hermann Roderbourg. After World War II, most of the VARTA shares passed from Günther Quandt to his son, Herbert Quandt. The subsidiary in East Berlin was later occupied by the Soviet Union, and was named BAE Batterien. 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 Altana, and the electrical business was spun off into a company called CEAG. Herbert Quandt ...
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Energizer
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in St. Louis, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names, and formerly owned a number of personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015. In January 2018, Energizer announced it was purchasing the global battery and lighting division from Spectrum Brands, which includes the Ray-O-Vac and Varta brands, for $2 billion in cash. This acquisition was finalized in January 2019 after a lengthy regulatory approval process. In November 2018, Energizer also purchased the global auto care division from Spectrum (brands which include Armor All, STP, and A/C Pro) for $1.25 billion in cash and stock. History The company has its foundation in the Eveready Battery Company, which in 1980 changed the name of its Eveready Alkaline Power Cel ...
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Herbert Quandt
Herbert Werner Quandt (22 June 1910 – 2 June 1982) was a German industrialist credited with having saved BMW when it was at the point of bankruptcy and made a huge profit in doing so. Quandt also oversaw the use at his family's factories during World War II of tens of thousands of slave labourers, many of which perished. Early life Herbert Quandt was born in Pritzwalk, the second son of Günther Quandt (1881–1954) and Antonie "Toni" Quandt (born Ewald). Antonie died of the Spanish flu in 1918. Quandt was afflicted with a retinal disease that left scars, and he was nearly blind from the age of nine. Consequently, he had to be educated at home. Nazi period The Hanns Joachim Friedrichs Award-winning documentary film ''The Silence of the Quandts'' by the German public broadcaster ARD described in October 2007 the role of the Quandt family businesses during the Second World War. The family's Nazi past was not well known, but the documentary film revealed this to a wide ...
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Johnson Controls
Johnson Controls International is an American Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. , it was listed as 389th in the Fortune Global 500; in 2017, it became ineligible for the Fortune 500, as it was headquartered outside the U.S. The company was formed via the merger of American company the original incarnation of Johnson Controls with Tyco International, announced on 25 January 2016. The merger led to the avoidance of taxation on foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli.Stephen Gandell.You Won't Believe How Much Johnson Controls' CEO Is Making on the Tyco Deal. ''Fortune'' 25 January 2016. History In 1883, Warren S. Johnson, a professor at the Whitewater Normal School (now University of Wisconsin–Whitewater) ...
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Altana
Altana AG (styled as ALTANA) is a German chemical company headquartered in Wesel. It was created in 1977 through the spin-off of divisions of the Varta Group. The first CEO was Herbert Quandt. The group comprises the divisions BYK (coating additives and instruments), Eckart (metal effect pigments and metallic printing inks), Elantas (insulation materials for the electrical and electronics industries) and Actega (coatings and sealant compounds for the packaging industry). The Altana Group has 48 production facilities and 65 service and research laboratories worldwide. In 2021, the company, with more than 6,700 employees, posted revenues of around €2.7 billion. History Altana's roots go back to 1873, when Heinrich Byk founded the chemicals factory Dr. Heinrich Byk Chemische Fabrik in Oranienburg. The company grew, and in 1931 it was renamed BYK-Gulden Lomberg. In 1941, majority control of the company was acquired by AFA (Akkumulatoren-Fabrik AG) which was renamed VARTA in ...
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Günther Quandt
Günther Quandt (28 July 1881 – 30 December 1954) was a German industrialist who founded an industrial empire that today includes BMW and Altana, a car and chemical company, respectively. Between, 1921 and 1929 he was married to Magda Ritschel, later the wife of Nazi Propaganda Minister Joseph Goebbels. In the 1930s he joined the Nazi Party, becoming one of his strong financial supporters. His descendants were ranked as the wealthiest Germans by Manager Magazin in 2014. Early life He was born in Pritzwalk in Germany, the son of Emil Quandt (1849–1925). Emil had married in 1883 the daughter of a rich textile manufacturer (Reichswolle AG) and he took charge of the company in 1900. He had three siblings: Gerhard, Werner and a younger sister named Edith. Werner married Eleanor Quandt, who after the Second World War helped to protect her brother-in-law, Günther, from prosecution by the Allies. Günther's sister Edith married the owner of another textile company. During Worl ...
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Accumulatoren-Fabrik AFA
The Accumulatoren-Fabrik Aktiengesellschaft (AFA) was a manufacturer of lead-acid batteries established in 1890 by Adolph Müller of the ''Accumulatoren-Fabrik Tudorschen Systems Müller & Einbeck'' with the participation of the Siemens AG and AEG companies. Initially based in Hagen, during World War II the company acquired a number of other factories, mostly confiscated by the Nazis from their previous owners. Among such factories were the modern Hannover plant (built in 1938), Mülhausen, Vienna and the factory in Poznań (1943) and Herbst (1944). During the 1940s forced labour was used in AFA factories.BMW's Quandt Family to Investigate Wealth Amassed in Third Reich
Der Spiegel. 2007. AFA's factory in ...
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Prime Standard
The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly reporting as well as ''ad hoc'' disclosure in German and English, application of international accounting standards (IFRS/IAS or US-GAAP), publication of a financial calendar and staging of at least one analyst conference per year. Companies must satisfy the requirements of the Prime Standard to be listed in the DAX, MDAX, TecDAX and SDAX The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of o .... References {{Reflist Stock market ...
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Zinc–carbon Battery
A zinc–carbon battery (or carbon zinc battery in U.S. English) is a dry cell primary battery that provides direct electric current from the electrochemical reaction between zinc and manganese dioxide (MnO2) in the presence of an electrolyte. It produces a voltage of about 1.5 volts between the zinc anode, which is typically constructed as a cylindrical container for the battery cell, and a carbon rod surrounded by a compound with a higher Standard electrode potential (positive polarity), known as the cathode, that collects the current from the manganese dioxide electrode. The name "zinc-carbon" is slightly misleading as it implies that carbon is acting as the oxidizing agent rather than the manganese dioxide. General-purpose batteries may use an acidic aqueous paste of ammonium chloride (NH4Cl) as electrolyte, with some zinc chloride solution on a paper separator to act as what is known as a salt bridge. ''Heavy-duty'' types use a paste primarily composed of zinc chloride (ZnC ...
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Torch
A torch is a stick with combustible material at one end, which is ignited and used as a light source. Torches have been used throughout history, and are still used in processions, symbolic and religious events, and in juggling entertainment. In some countries "torch" in modern usage is the term for a battery-operated portable light. Etymology From the Old French "''torche''" meaning "twisted thing", hence "torch formed of twisted tow dipped in wax", probably from Vulgar Latin *''torca'', alteration of Late Latin ''torqua'', variant of classical Latin ''torques'' "collar of twisted metal", from ''torquere'' "to twist". Torch construction Torch construction has varied through history depending on the torch's purpose. Torches were usually constructed of a wooden stave with one end wrapped in a material which was soaked in a flammable substance. In the United States, black bear bones may have been used. Modern procession torches are made from coarse hessian rolled into a tube a ...
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Coin Cell
A button cell, watch battery, or coin battery is a small single-cell battery shaped as a squat cylinder typically in diameter and high — resembling a button. Stainless steel usually forms the bottom body and positive terminal of the cell; insulated from it, the metallic top cap forms the negative terminal. Button cells are used to power small portable electronics devices such as wrist watches and pocket calculators. Wider variants are usually called coin cells. Devices using button cells are usually designed around a cell giving a long service life, typically well over a year in continuous use in a wristwatch. Most button cells have low self-discharge, holding their charge for a long time if not used. Relatively high-power devices such as hearing aids may use a zinc–air battery, which has a much higher capacity for a given size, but dries out after a few weeks even if not used. Button cells are single cells, usually disposable primary cells. Common anode materials are zinc ...
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Companies Listed On The Frankfurt Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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