Business · Companies · 2 days ago
Varta household battery business becomes independent, preserving 990 jobs
Varta’s household battery business has separated from the wider Varta group and will operate as Varta Consumer Batteries.
Germany’s Federal Ministry for Economic Affairs approved the separation.
The new company says all around 990 jobs will remain, with no job cuts planned because of the change.
About 820 employees work in Germany and 170 abroad; the main factory is in Dischingen, Baden-Württemberg.
The wider Varta group filed for insolvency proceedings in July 2026, but the household battery business was not among the affected units.
The former group’s main lenders will take ownership of the new company, according to its chief executive.
The company plans to invest in production and expects annual revenue growth of 3% to 4% through 2029, focusing mainly on Europe while also seeking opportunities in South America, Asia and Canada.
Varta’s household battery business has become an independent company, with about 990 jobs set to be preserved.
The German Federal Ministry for Economic Affairs approved the business’s separation from the Varta group.
The new company is called Varta Consumer Batteries GmbH & Co. KGaA and is led by managing director Mark Munz.
Its main production site is in Dischingen, Baden-Württemberg, where production runs in three shifts.
The company expects average annual revenue growth of 3% to 4% through 2029 and plans to focus on European markets.
- Who
- Varta’s household battery business, now Varta Consumer Batteries GmbH & Co. KGaA, and its roughly 990 employees.
- What
- The business has become independent of the Varta group. The company says all existing jobs will be retained.
- When
- The separation was completed by 9 October 2026.
- Where
- The company’s main production site is in Dischingen, Baden-Württemberg; Ellwangen is mainly its administrative location.
- Why
- The separation is intended to give the business and its employees a long-term future. The company cites its market position, products, production capacity and strategy as a viable basis.
This story does not have two clearly opposing sides.
The completed restructuring now gives Varta Consumer Batteries employees a long-term future perspective. All existing jobs will be retained.
Continuing as an independent company creates security for employees as well as benefits for Germany and the region as a whole.
The decision is of great importance for our municipality, but also for the region. After a long period of uncertainty, there is finally a future perspective.
The Varta group said it had filed for insolvency proceedings in self-administration for its parent company and three other entities.
The household battery business completed its separation from the Varta group after approval from the Federal Ministry for Economic Affairs.
The new company expects average annual revenue growth of 3% to 4%.
- Employees
- About 990 jobs are to be retained
- Company name
- Varta Consumer Batteries GmbH & Co. KGaA
- Main production site
- Dischingen, Baden-Württemberg
- Production workforce at Dischingen
- 550 employees
- Growth forecast
- Average annual revenue growth of 3% to 4% through 2029
- Planned investment
- Multi-million-euro investment through the end of 2028 is reported by Bild; t-online gives no specific amount or end date.
Sources
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