Energizer Holdings
 | |
 Energizer headquarters | |
| Type | Public |
|---|---|
| Traded as | NYSE: ENR |
| Industry | Consumer Products |
| Founded | 1896 (as the American Electrical Novelty & Manufacturing Company, spun off from Ralston Purina Company in 2000) |
| Headquarters | Town and Country, Missouri, United States |
| Key people | Ward M. Klein, CEO |
| Products |
Energizer Batteries Schick Products Playtex Products |
| Revenue | $3.4 Billion (2007)[1] |
| Operating income | $434 Million (2007)[1] |
| Net income | $321 Million (2007)[1] |
| Total assets | $3.5 Billion (2007)[1] |
| Total equity | $654 Million (2007)[1] |
| Employees | 14,848 (2006) |
| Website | Energizer Holdings |
Energizer Holdings is an American manufacturer of batteries and personal care products, headquartered in Town and Country, Missouri.[2][3][4][5] Its most well known brands are Energizer and Eveready batteries, Schick, Wilkinson Sword and Edge shaving products, Playtex feminine hygiene and baby products, and Hawaiian Tropic and Banana Boat sunscreen products. The company sells in over 165 countries.[6]
History
The company has its foundation in the Eveready Battery Company, which in 1980 renamed its Eveready Alkaline Power Cell to Energizer. In 1986, Eveready Battery Company was sold to animal and human food manufacturer Ralston Purina. In 2000, Ralston spun off Eveready, and it was listed on the New York Stock Exchange as Energizer Holdings, Inc..
In 2003 under the leadership of then Chief Executive Officer J. Patrick Mulcahy, Energizer Holdings started expanding into the personal care product sector by buying razor brands Schick and Wilkinson Sword from Pfizer.
In 2005, after Hurricane Katrina, Energizer worked with the Red Cross to donate flashlights, batteries, razors and funds to help Hurricane Katrina relief workers and victims.[7] On November 3, 2005, Energizer Holdings Inc.said that higher sales of its Schick razors and blades partially offset lower sales of its batteries in North America. On a constant-currency basis, sales at Energizer rose 4 percent in its fourth quarter.[8]
In October 2007, the company acquired Playtex Products, Inc. for $1.9 billion. The purchase included sunscreen brand Hawaiian Tropic, which Playtex had bought a few months earlier, and Sun Pharmaceuticals Corp., which manufactures the Banana Boat sunscreen products.[9]
In 2009, Energizer acquired Edge and Skintimate shaving gels from S.C. Johnson & Son.
In October 2010, Energizer announced it was the winning bidder for privately held American Safety Razor in a bankruptcy court auction.[10]
The maker of Banana Boat sunscreen recalled a half-million bottles of spray-on lotion after reports that a handful of people have caught on fire after applying the product and coming in contact with an open flame.
On October 19, 2012 Energizer Holdings said it was withdrawing 23 varieties of its Banana Boat brand of UltraMist spray-on sunscreen lotion from stores due to the risk of it igniting when exposed to fire.[11]
On July 31, 2013, Energizer bought the Stayfree, Carefree and ob brands from Johnson & Johnson for $185 million. The purchase was only for the brands in North America - Johnson & Johnson continues to own the brands in all other regions of the world. [12]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Google Finance". Finance.google.com. 2013-07-31. Retrieved 2013-09-30.
- ↑ "Contact Energizer." Energizer Holdings. Retrieved on August 18, 2009.
- ↑ "Zoning Map." City of Town and Country. Retrieved on August 18, 2009.
- ↑ "Town and Country city." U.S. Census Bureau. Retrieved on August 18, 2009.
- ↑ Volkmann, Kelsey. "Energizer to cut jobs as sales slump." St. Louis Business Journal. Tuesday July 28, 2009. Retrieved on August 18, 2009.
- ↑ 2006 Annual Report, pg. 5
- ↑ "energizer help hurricane katrina victims".
- ↑ "Schick sales buoy Energizer Holdings".
- ↑ Energizer Annual Report 2007, retrieved 2010-10-30
- ↑ Reuters, retrieved 2011-06-18
- ↑ "Banana Boat sunscreen maker recalls 500,000 bottles of spray-on lotion because of fire risk". Daily News (New York). 19 October 2012. Retrieved 2 September 2013.
- ↑ "Energizer Adds to Its Feminine Side".
External links
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Wikimedia Commons has media related to Energizer Holdings. |
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