Rayovac 2002 Annual Report Download - page 7

Download and view the complete annual report

Please find page 7 of the 2002 Rayovac annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 67

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67

For RAYOVAC CORPORATION, fiscal 2002 was an exciting and challenging year, and one
that will be remembered as a defining period in our growth story. During the year, we
announced the most important transaction in our Company’s history: the combination of
Rayovac’s business with the consumer battery unit of Germany-based VARTA AG, a leader
in the global battery industry. This groundbreaking agreement, which closed on October 1,
2002, has literally transformed Rayovac, dramatically expanding our global presence, and
bringing us significantly closer to our long-held goal of becoming a technology-focused,
market-driven, global consumer products company.
to our SHAREHOLDERS