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  6. Duracell Acquires Garrity Industries

M&A Deal Summary

Duracell Acquires Garrity Industries

On March 23, 2006, Duracell acquired electrical equipment company Garrity Industries

Acquisition Highlights
  • This is Duracell’s 1st transaction in the Electrical Equipment sector.
  • This is Duracell’s 1st transaction in the United States.
  • This is Duracell’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2006-03-23
Target Garrity Industries
Sector Electrical Equipment
Buyer(s) Duracell
Deal Type Add-on Acquisition
Advisor(s) Baird (Financial)
Holland & Knight (Legal)

Target

Garrity Industries

Madison, Connecticut, United States
Garrity Industries is a US-based manufacturer and marketer of lighting products. Known for its innovation, product quality and design, Garrity Industries offers some of the most technically advanced flashlights on the market and has strong retail distribution for its products. Garrity is a leading flashlight brand in North America.

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Buyer(S) 1

Buyer

Duracell

Bethel, Connecticut, United States
Category Company
Founded 1924
Sector Electrical Equipment
Employees3,000
DESCRIPTION

Duracell is a manufacturer and marketer of alkaline batteries. It markets its products throughout North America, China, Europe, Latin America, Africa and the Middle East. Duracell was established in 1924 and is based in Bethel, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
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