ST. LOUIS, May 2, 2025 - Energizer Holdings, Inc. has completed its acquisition of Advanced Power Solutions NV (APS), a prominent manufacturer and marketer of AA and AAA Panasonic-branded batteries. This strategic move enhances Energizer's footprint in key European markets such as Germany, the UK, Poland, and Spain, and includes a manufacturing facility in Gniezno, Poland. Robin Vauth, Executive Vice President, International at Energizer, emphasized that the acquisition bolsters their regional presence and complements the existing battery network, allowing for better service to customers amidst a changing macro-environment. Energizer anticipates the acquisition will be modestly dilutive to its fiscal 2025 gross margin and neutral to fiscal 2025 earnings per share.
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