History
The company has its foundation in the Eveready Battery Company, which in 1980 renamed its Eveready Alkaline Power Cell to Energizer. In 1986, Eveready Battery Company was sold to animal and human food manufacturer Ralston Purina. In 2000, Ralston spun off Eveready, and it was listed on the New York Stock Exchange as Energizer Holdings, Inc..
In 2003 under the leadership of then Chief Executive Officer J. Patrick Mulcahy, Energizer Holdings started expanding into the personal care product sector by buying razor brands Schick and Wilkinson Sword from Pfizer.
In October 2007, the company acquired Playtex Products, Inc. for $1.9 billion. The purchase included sunscreen brand Hawaiian Tropic, which Playtex had bought a few months earlier, and Sun Pharmaceuticals Corp., which manufactures the Banana Boat suncreen products.
In 2009, Energizer acquired Edge and Skintimate shaving gels from S.C. Johnson & Son.
In October 2010, Energizer announced it was the winning bidder for privately held American Safety Razor in a bankruptcy court auction.
The maker of Banana Boat sunscreen is recalling some half-million bottles of spray-on lotion after reports that a handful of people have caught on fire after applying the product and coming in contact with an open flame.
On October 19, 2012 Energizer Holdings said it is pulling 23 varieties of its Banana Boat brand of UltraMist sunscreen from stores due to the risk of the lotion igniting when exposed to fire.
Read more about this topic: Energizer Holdings
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