Rayovac 2005 Annual Report Download - page 8

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SPECTRUM BRANDS, INC.6
Brand New
Opportunity
ACQUISITION HISTORY:
How We Created New Opportunity
1996
RAYOVAC CORPORATION
In 1996, Rayovac Corporation was a
company primarily focused in North
America, with annual revenues
of approximately $400 million.
1999
ROV, LT D .
Rayovac extended its geographic footprint
across the Western Hemisphere with the
acquisition of ROV, Ltd, the leading manufacturer
and marketer of batteries in Latin America, with
a number one market share position and annual
revenues of approximately $100 million.
2002
VARTA
The company’s global position was expanded
with the acquisition of Varta, Europe’s largest
independent battery company. Varta held a number
two market share position in Europe and generated
$400 million in annual revenues across more
than 100 countries around the globe.
2004
MICROLITE, S.A.
Rayovac consolidated worldwide
rights to the Rayovac brand name with the
acquisition of Microlite, S.A., the number
one battery manufacturer in Brazil.
2004
NINGBO BAOWANG
Rayovac gained access to a world-class
low-cost battery manufacturing facility with
the acquisition of Ningbo Baowang Battery
Company in Ninghai, China.
Batteries and Portable Lighting