VARTA AG UNSP/ADR by Varta AG (VARTY)
About VARTA AG UNSP/ADR by Varta AG (VARTY)
VARTA AG engages in the research, development, production, sale, and marketing of micro batteries and energy storage solutions. It operates through the following segments: Micro Batteries, Lithium-Ion Small Cells, Lithium-Ion Battery Packs, Consumer Batteries, Energy Storage Systems, and Lithium-Ion Large Cells. The Micro Batteries segments include hearing aid batteries. The Lithium-Ion Small Cells segment represents the business with small lithium-ion round cells for OEM applications. The Lithium-Ion Battery Pack segment manages battery packs for medical technology, robotics, connectivity, household, and telecommunications applications. The Consumer Batteries segment focuses on household batteries, rechargeable batteries, chargers, portable power, and lights. The Energy Storage Systems segment manufactures energy storage systems for private households. The Lithium-Ion Large Cells segment manufacture large-format, lithium ion round cells. The company was founded by Adolf Müller in 1887 and is headquartered in Ellwangen, Germany.