Varta seeks battery partnerships.

Automotive News Europe,  May, 2002  by Chew, Edmund

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Battery maker Varta wants to establish partnerships in its automotive and portable battery divisions.

Varta is in "intensive negotiations" with potential partners to strengthen its business in Asia or the USA, said CEO Georg Prilhofer.

Pressure to consolidate is just beginning in the automotive battery sector, Prilhofer said. Eventually he expects automotive battery standards to converge, which will encourage a concentration of buying power among a few automakers.

Varta of Hannover, Germany, has a longstanding technical exchange agreement with Johnson Controls, a ...

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