Duracell
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Duracell Inc. is an American manufacturer of alkaline batteries, specialty cells, and rechargeables; it is a wholly owned subsidiary of
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...
since 2016. The company has its origins in the 1920s, through the work of Samuel Ruben and Philip Mallory, and the formation of the P. R. Mallory Company. Through a number of corporate mergers and acquisitions, Duracell came to be owned by the consumer products conglomerate
Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. It was founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/con ...
(P&G). In November 2014, P&G reached an agreement to sell the company to the international conglomeration Berkshire Hathaway through a transfer of shares. Under the deal, Berkshire Hathaway exchanged the shares it held in P&G for ownership of the Duracell business.


History


Origins

Duracell originated via the partnership of scientist Samuel Ruben and businessman Philip Rogers Mallory, who met during the 1920s. The P. R. Mallory Company of
Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 26,377 at the 2020 United States census, 2020 census. History It is believed that Burlington takes its name from the English town of Bridlington, York ...
, United States, relocated its headquarters to
Indianapolis, Indiana Indianapolis ( ), colloquially known as Indy, is the List of capitals in the United States, capital and List of municipalities in Indiana, most populous city of the U.S. state of Indiana and the county seat of Marion County, Indiana, Marion ...
, in 1924. The company produced
mercury batteries A mercury battery (also called mercuric oxide battery, mercury cell, button cell, or Ruben-Mallory) is a non-rechargeable battery (electricity), electrochemical battery, a primary cell. Mercury batteries use a reaction between mercuric oxide and ...
for military equipment, trumping the carbon-zinc batteries used then in virtually all applications. In 1956, P. R. Mallory & Co. acquired General Dry Batteries, Inc. (GDB) with headquarters in
Cleveland, Ohio Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, Ohio, Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–United States border, Canada–U.S. maritime border ...
. GDB was then the third-largest U. S. manufacturer of zinc-carbon batteries and had made mercury batteries under license from P. R. Mallory during and post World War II until its acquisition in 1956. During the 1950s,
Kodak The Eastman Kodak Company, referred to simply as Kodak (), is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York, and is incorporated i ...
introduced cameras with a bulb flash. The design required a new zinc-carbon cell size; AAA was introduced. In 1964, the term "Duracell" was introduced as a brand, from "durable cell". Until 1980, the batteries also bore the Mallory brand.


Developments

P. R. Mallory was acquired by Dart Industries in 1978, which in turn, merged with
Kraft Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate (company), conglomerate, split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July ...
in 1980.
Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total ...
bought Duracell in 1988 and took the company public in 1989. It was acquired for $7 billion by The Gillette Company in 1996. In 2005, Procter & Gamble acquired Duracell's parent Gillette for $57 billion. In September 2011, Duracell and Powermat Technologies Ltd. started a joint venture, called Duracell Powermat, to make small wireless chargers for
mobile phones A mobile phone or cell phone is a portable telephone that allows users to make and receive calls over a radio frequency link while moving within a designated telephone service area, unlike fixed-location phones ( landline phones). This radio ...
and small electronics, with P&G owning 55% of the joint venture shares and Powermat 45%. In March 2012, along with Powermat Technologies, Duracell, under the Procter & Gamble corporate umbrella, founded the Power Matters Alliance (PMA), an alliance of leading industry and governmental organizations that is dedicated to advancing smart and environmentally sound wireless power.
AT&T AT&T Inc., an abbreviation for its predecessor's former name, the American Telephone and Telegraph Company, is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the w ...
and
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joined the board later that year. In 2013, the company released a "Duracell Quantum" line as their top-performing alkaline batteries.


P&G spin-off and Berkshire Hathaway ownership

On October 24, 2014, Procter & Gamble announced it would spin off Duracell in 2015 as part of a wider restructuring scheme. On November 14, 2014,
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...
declared its intent to acquire Duracell in an all-stock deal, consisting of $4.7 billion worth of P&G stock then owned by Berkshire Hathaway. The acquisition received regulatory approval from the
European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...
in July 2015. The transfer was completed on February 29, 2016, with P&G investing $1.8 billion in cash into Duracell, and Berkshire Hathaway giving P&G back 52 million shares. In September 2016, Duracell announced plans to move its executive team and 60 employees to
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
. In February 2022, Duracell announced a long-term partnership deal with Williams Racing. The deal culminated with the vertical air intake of the car designed like a Duracell battery, which was first introduced in the 2022 Miami Grand Prix. The design was later implemented on the Williams FW45 for the 2023 season. Duracell also became the title sponsor of William Racing's eNASCAR team as Duracell Williams Esports eNASCAR.


Products

Duracell manufactures alkaline batteries in many common sizes, such as AAA, AA, C, D, and 9V. Lesser-used sizes such as AAAA (primarily for
pager A pager, also known as a beeper or bleeper, is a Wireless communication, wireless telecommunications device that receives and displays Alphanumericals, alphanumeric or voice messages. One-way pagers can only receive messages, while response p ...
s, penlights, and
blood Blood is a body fluid in the circulatory system of humans and other vertebrates that delivers necessary substances such as nutrients and oxygen to the cells, and transports metabolic waste products away from those same cells. Blood is com ...
glucose Glucose is a sugar with the Chemical formula#Molecular formula, molecular formula , which is often abbreviated as Glc. It is overall the most abundant monosaccharide, a subcategory of carbohydrates. It is mainly made by plants and most algae d ...
meters) and J size batteries (for hospital devices and photographic strobe flash units) are also manufactured and a range of " button cells" using zinc-air, silver-oxide, and lithium chemistries, used in
calculator An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics. The first solid-state electronic calculator was created in the early 1960s. Pocket-si ...
s,
watch A watch is a timepiece carried or worn by a person. It is designed to maintain a consistent movement despite the motions caused by the person's activities. A wristwatch is worn around the wrist, attached by a watch strap or another type of ...
es,
hearing aid A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers ...
s, and other small (mostly medical-related) devices. Duracell entered into a
brand licensing Brand licensing means renting or leasing of an intangible asset. It is a process of creating and managing contracts between the owner of a brand and a company or individual who wants to use the brand in association with a product, for an agreed ...
agreement with
flash memory Flash memory is an Integrated circuit, electronic Non-volatile memory, non-volatile computer memory storage medium that can be electrically erased and reprogrammed. The two main types of flash memory, NOR flash and NAND flash, are named for t ...
manufacturer Dane-Elec in 2008 for a line of products including
memory card A memory card is an electronic data storage device used for storing digital information, typically using flash memory. These are commonly used in digital portable electronic devices, such as digital cameras as well as in many early games conso ...
s,
hard drive A hard disk drive (HDD), hard disk, hard drive, or fixed disk is an electro-mechanical data storage device that stores and retrieves digital data using magnetic storage with one or more rigid rapidly rotating hard disk drive platter, pla ...
s and
USB flash drive A flash drive (also thumb drive, memory stick, and pen drive/pendrive) is a data storage device that includes flash memory with an integrated USB interface. A typical USB drive is removable, rewritable, and smaller than an optical disc, and u ...
s with the Duracell brand mark and in the brand's trademark "copper top" coloring. Duracell also manufactures specialty batteries, including NiMH rechargeable batteries and batteries for cameras, watches, hearing aids, etc. Their two main battery brands are "CopperTop (Plus)," marketed as longer-lasting, and "Ultra," directed mainly at users of digital devices and devices that need more power. Duracell also makes some lithium batteries and car batteries. Duracell manufactures alkaline and lithium batteries in
prismatic An optical prism is a transparent optics, optical element with flat, polished surfaces that are designed to refraction, refract light. At least one surface must be angled—elements with two parallel surfaces are ''not'' prisms. The most fami ...
as well as
cylindrical A cylinder () has traditionally been a Solid geometry, three-dimensional solid, one of the most basic of curvilinear geometric shapes. In elementary geometry, it is considered a Prism (geometry), prism with a circle as its base. A cylinder may ...
shape. In 2006, Duracell introduced "Power Pix" batteries with NiOx technology, designed to power digital cameras and other high-drain devices for up to twice as long as alkaline batteries. Duracell's professional batteries have been sold in the United States and Europe under the brand name "Procell" (previously "Industrial by Duracell" and "Duracell Procell"). Two main product lines are currently sold under the Procell brand, "Procell Alkaline" and "Procell Intense Power", intended to provide longer endurance by tailoring the power profile of the batteries to the requirements of the device. "Procell Alkaline" are designed for use in low-drain applications such as clocks, and Procell Intense Power is designed for higher-drain devices. In the 1980s, the company briefly had a line of flashlights called Durabeam, marketed as being much stronger and brighter than other flashlights.


See also

* Duracell Bunny * The Puttermans


References


Further reading

* Hintz, Eric S.,
Portable Power: Inventor Samuel Ruben and the Birth of Duracell
, ''Technology and Culture'', 50 (January 2009), 24–57.


External links

* * {{Authority control Battery manufacturers Consumer battery manufacturers Former Procter & Gamble brands Companies based in Fairfield County, Connecticut Electronics companies established in 1924 Manufacturing companies established in 1924 American companies established in 1924 Berkshire Hathaway 1988 mergers and acquisitions 1980s initial public offerings Companies formerly listed on the Nasdaq 1996 mergers and acquisitions 2005 mergers and acquisitions 2016 mergers and acquisitions Bethel, Connecticut