Duracell

Duracell Specialty Lithium 2x2025

Duracell is the world's leading manufacturer of high-performance alkaline batteries, specialty batteries, and rechargeable batteries. Since its founding in the early 1940s, the company has become an iconic personal power brand, known for its compact and long-lasting batteries. And at the heart of it all has been the Duracell bunny. Duracell alkaline batteries are the right choice for a wide range of uses, often chosen as excellent batteries for game controllers, flashlights, and many more. Duracell alkaline batteries are available in a wide variety of types and sizes, ensuring that we always have the right product for your needs.

About the manufacturer:
In 1955, Berkshire Fine Spinning Associates merged with Hathaway Manufacturing Company, which had been founded in 1888 in New Bedford, Massachusetts, by Horatio Hathaway, with profits from whaling and China Trade. Hathaway was successful in its early decades but suffered during a general decline in the textile industry after World War I. At this time, Hathaway was led by Seabury Stanton, whose investment efforts were rewarded with renewed profitability after the Great Depression. After the merger, Berkshire Hathaway had 15 factories employing over 12,000 workers with revenues exceeding $120 million and was headquartered in New Bedford. However, seven of those locations were closed by the end of the decade, accompanied by large layoffs.

In 1962, Warren Buffett began buying shares in Berkshire Hathaway after noticing a pattern in the direction of its stock price whenever the company closed a factory. Eventually, Buffett recognized that the textile business was declining and the company's financial situation would not improve. In 1964, Stanton made an oral tender offer to buy back Buffett's stake in the company for 111⁄2 dollars per share. Buffett agreed to the deal. A few weeks later, Warren Buffett received the offer in writing, but the offer was only 113⁄8 USD. Buffett later admitted that this lower, undercut offer infuriated him. Instead of selling at the slightly lower price, Buffett decided to buy more shares to take control of the company and fire Stanton (which he did). However, this made Buffett the majority owner of a failing textile business.

Storage instructions:
Ambient, away from direct sunlight.

Manufacturer address:
Omaha, Nebraska
United States of America

Manufacturer:

Duracell
Berkshire Corporate Park, 14 Research Drive, Bethel, CT 06801, United States
support@duracellmobilepower.com