VAR1 fundamentals

VARTA AG engages in the research, development, production, sale, and marketing of micro batteries and energy storage solutions. It operates through Lithium-Ion Solutions and Microbatteries, and Household Batteries. The Lithium-Ion Solutions and Microbatteries segment focuses on the microbatteries, Lithium-Ion coinpower, LithiumIon large cells, and Lithium-Ion battery packs business. The Household Batteries covers the battery business for end customers; and includes household device batteries, rechargeable batteries, chargers, portable power, lights, and energy storage systems. The company was founded by Adolf Müller in 1887 and is headquartered in Ellwangen, Germany.