Who Owns Duracell?
Duracell is owned by Berkshire Hathaway, a publicly traded American multinational conglomerate holding company founded in 1839. Berkshire Hathaway acquired Duracell from Procter & Gamble in 2014. Berkshire Hathaway is publicly traded on NYSE under tickers BRK.A and BRK.B and is headquartered in Omaha, Nebraska, USA.
Parent Company
Berkshire Hathaway
Acquired
2014
Status
Publicly Traded
Headquarters
Bethel, Connecticut, USA
Who Owns Duracell?
- Parent Company: Berkshire Hathaway
- Ownership Type: Wholly owned
- Acquisition Year: 2014
- Company Type: Publicly Traded
- Stock Ticker: NYSE: BRK.A
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Duracell | Berkshire Hathaway | Wholly owned |
History of Duracell
- Founded: 1924
- Founders: Samuel Ruben, Philip Rogers Mallory
- Acquired by Berkshire Hathaway: 2014
Duracell originated in 1924 through the partnership of scientist Samuel Ruben and businessman Philip Rogers Mallory, who met during the 1920s. The company was initially part of the P. R. Mallory Company of Burlington, Massachusetts, which specialized in electronic components.
Throughout the 1930s and 1940s, Duracell developed and marketed the first commercially viable alkaline battery, which became the foundation of the company's success. The brand name "Duracell" was introduced in 1964, and the company became known for its long-lasting, reliable battery products.
In 1978, Duracell was acquired by Kraft Foods, which later merged with Philip Morris Companies. In 1989, Duracell was acquired by Gillette, bringing the battery company under the same ownership as other consumer products. In 2005, Procter & Gamble acquired Gillette, making Duracell part of P&G's extensive consumer goods portfolio.
In 2014, Berkshire Hathaway acquired Duracell from Procter & Gamble in a transaction where Berkshire exchanged its P&G shares for ownership of the Duracell business. This acquisition brought Duracell under Warren Buffett's direct ownership and management.
About Berkshire Hathaway
What does Berkshire Hathaway own?
Berkshire Hathaway owns a diverse portfolio of over 100 wholly-owned subsidiaries and significant equity investments. Key holdings include GEICO (auto insurance), BNSF Railway (freight transportation), Berkshire Hathaway Energy (utilities), Precision Castparts (aerospace components), Duracell (batteries), See's Candies (confectionery), Dairy Queen (fast food), and NetJets (private aviation). The company also holds substantial investments in publicly traded companies including Apple, Bank of America, and American Express.
Is Berkshire Hathaway publicly traded?
Yes, Berkshire Hathaway is publicly traded on the New York Stock Exchange under two ticker symbols: BRK.A (Class A shares) and BRK.B (Class B shares). Class A shares represent significantly more voting power and are priced much higher than Class B shares, making them accessible primarily to institutional investors and wealthy individuals. The company has been publicly traded since 1988.
Who founded Berkshire Hathaway?
The original Berkshire Hathaway textile company was founded in 1839 by Oliver Chace in Valley Falls, Rhode Island. However, the modern Berkshire Hathaway was shaped by Warren Buffett, who began acquiring shares in 1962 and gained control in 1965, transforming the struggling textile manufacturer into a diversified holding company.
Where is Berkshire Hathaway headquartered?
Berkshire Hathaway is headquartered in Omaha, Nebraska, USA. The company has maintained its headquarters in Omaha since Warren Buffett took control, reflecting its commitment to a conservative, Midwestern approach to business despite its global scale.
How many companies does Berkshire Hathaway own?
Berkshire Hathaway owns over 100 wholly-owned subsidiaries across insurance, railroads, utilities, manufacturing, consumer products, and services. The exact number fluctuates as Berkshire makes new acquisitions and occasionally sells businesses. The company also holds significant minority stakes in dozens of publicly traded companies.
Who owns Berkshire Hathaway?
Berkshire Hathaway is owned by its shareholders, with no single controlling shareholder. Major institutional investors including Vanguard Group, BlackRock, and State Street hold significant stakes. Warren Buffett remains the largest individual shareholder and serves as Executive Chairman, while Greg Abel serves as CEO. The company has a widely dispersed shareholder base typical of large public corporations.
What is Berkshire Hathaway's revenue?
For full-year 2025, Berkshire Hathaway reported operating earnings of $44.49 billion, down from $47.44 billion in 2024. The company's total revenue, including investment gains and losses, varies significantly based on stock market performance. Berkshire maintains one of the strongest balance sheets in corporate America with cash and equivalents exceeding $150 billion.
Who is the CEO of Berkshire Hathaway?
Greg Abel serves as CEO of Berkshire Hathaway, having succeeded Warren Buffett on January 1, 2026. Abel had long been considered Buffett's successor and previously led Berkshire's non-insurance operations. Warren Buffett remains Executive Chairman and continues to be involved in major capital allocation decisions.
- Founded: 1839
- Headquarters: Omaha, Nebraska, USA
- Company Type: Publicly Traded
- Stock: NYSE: BRK.A
- Revenue: $44.49 billion operating earnings (FY2025)
- Employees: Approximately 380,000
Where Is Duracell Made / Based?
- Headquarters: Bethel, Connecticut, USA
- Manufacturing / Operations: United States, Global manufacturing facilities, International distribution network
Duracell Sustainability & Ethics
Duracell operates under comprehensive sustainability initiatives focused on environmental responsibility, waste reduction, and community engagement. The company has committed to being recognized as a sustainability leader in the portable battery industry in Europe and Africa through measurable environmental improvements and ethical business practices.
Environmental Achievements and Certifications: Duracell has made significant progress in reducing its environmental footprint, achieving approximately 80% less CO2 emissions in European plants versus 2014 levels. In September 2023, the company completed installation of more than 8,000 solar panels at its packaging and logistics centre in Heist-op-den-Berg, Belgium, substantially reducing its carbon footprint. Duracell products have earned the Nordic Swan Ecolabel, one of the world's most stringent environmental certifications, for AAA & AA Plus, AAA & AA Optimum batteries made in Belgium, as well as 9V Plus cells, certifying compliance with strict sustainable practices throughout the product lifecycle.
Waste Reduction and Packaging Innovation: The company has dramatically reduced plastic packaging for alkaline batteries from over 200 tons in 2020 to a projected 13 tons in 2025. All cardboard packaging is made from recycled materials, and raw materials including steel, manganese, and zinc are recuperated for various purposes, supporting circular economy principles. Duracell is on a mission to be 100% plastic free, except for BabySecure Double Blister Pack packaging where plastic serves the critical child safety function.
Product Longevity and Environmental Impact: Duracell has improved battery performance by 30% since the early 2000s, helping to minimize waste through longer product life. According to a 2021 Life Cycle Assessment conducted by Quantis, Duracell batteries demonstrate up to 69% lower environmental impact measured against six recommended indicators by the Product Environmental Footprint Category Rules for Battery, including climate change, fossil energy, mineral and metal depletion, water consumption, particular matter, and acidification.
Community Engagement and Child Safety: Duracell has established partnerships focused on child safety and community education. In 2023, the company formed a multi-year partnership with the European Academy of Paediatrics, extended through 2027, to raise awareness of battery ingestion dangers among parents and healthcare professionals. The #PowerSafely campaign includes educational materials translated into 15 European languages, videos, infographics, and local information campaigns throughout Europe and South Africa.
Global Recycling Initiatives: Duracell promotes battery recycling through innovative programs worldwide. The UK's 'Big Battery Hunt' has engaged over 2,500 schools, collecting 300 tonnes of batteries for recycling, with 92% of participating pupils more likely to recycle batteries after the initiative. Similarly, Germany's 'Batterie Challenge' has involved 98 schools and approximately 26,000 pupils, collecting 176 tonnes of batteries for recycling from across Germany.
Awards & Recognition
Duracell has received recognition for product quality, environmental leadership, and innovation in battery technology, establishing itself as a trusted brand in both consumer and professional markets.
Environmental Certification Leadership: Duracell's achievement of the Nordic Swan Ecolabel represents one of the most prestigious environmental certifications in the battery industry. This certification, awarded to AAA & AA Plus, AAA & AA Optimum batteries made in Belgium, and 9V Plus cells, demonstrates compliance with strict sustainable practices across the entire product lifecycle. The Nordic Swan Ecolabel is recognized as one of the world's hardest-won environmental certifications, validating Duracell's commitment to environmental stewardship and sustainable manufacturing processes.
Consumer Reports Performance Recognition: Duracell batteries consistently perform well in Consumer Reports testing, particularly in the automotive battery category where Duracell products are ranked among the top performers. The Duracell Platinum AGM 47 and Ultra Gold series have received strong ratings for cold weather performance and reliability, establishing Duracell as a runner-up in major car battery brand rankings according to Consumer Reports testing methodology.
Innovation and Technology Leadership: Duracell's Duralock technology, which enables unused batteries to hold power for up to ten years, represents significant innovation in battery preservation technology. The company's High-Density Core technology in Quantum Alkaline batteries has been engineered to provide superior power for high-drain devices, demonstrating ongoing commitment to battery technology advancement and performance optimization.
Marketing and Brand Recognition: Duracell has received marketing industry recognition, including IPA Effectiveness Awards for successful brand campaigns that grew market share and improved key brand metrics despite competitive pressure. The company's marketing effectiveness has been acknowledged for its powerful consumer insights, clear brand positioning, and engaging campaign concepts that resonate with consumers.
Professional Market Recognition: Through its Procell professional brand, Duracell has established credibility in business-to-business markets, serving professional applications with batteries specifically designed for professional use. This dual-brand strategy has enabled Duracell to maintain leadership positions across both consumer and professional battery markets.
Duracell Recalls & Controversies
Duracell has faced legal challenges related to battery leakage and product performance claims, though major lawsuits have been dismissed and the company continues to maintain strong market presence and consumer trust.
2014 Duralock Class Action Lawsuit: Duracell faced a class action lawsuit in 2014 regarding its Duralock Power Preserve Technology and associated 10-year guarantee claims. The lawsuit, filed by consumers in Massachusetts, alleged that Duracell batteries with Duralock technology were falsely guaranteed to last 10 years without failure when in fact the batteries might leak when used or stored normally. Plaintiffs claimed they were influenced by the 10-year Duralock guarantee displayed on package labels when purchasing the products.
Lawsuit Dismissal and Resolution: U.S. District Judge Lucy Koh in San Jose, California, rejected claims in the proposed class-action lawsuit, dismissing the case against Duracell and its parent companies. The court's decision in 2016 effectively ended the legal challenge to Duracell's Duralock marketing claims. The dismissal represented a victory for Duracell, allowing the company to continue its Duralock branding and 10-year guarantee representations.
Battery Leakage Concerns: The lawsuit addressed consumer concerns about alkaline battery leakage, which can damage electronic devices. While the legal challenge was unsuccessful, battery leakage remains an industry-wide concern for alkaline battery manufacturers. Duracell has continued to develop and market Duralock technology as a solution to extend battery life and reduce leakage risk through improved formulation and construction.
Consumer Complaints and Quality Issues: Duracell has received consumer complaints regarding battery performance and leakage, as documented through Better Business Bureau complaints and online consumer discussions. Some consumers have reported issues with Optimum Duracell batteries leaking and not lasting as expected, though these reports represent a small fraction of the millions of batteries sold annually.
Regulatory Compliance: Despite legal challenges, Duracell has maintained regulatory compliance for its battery products and packaging. The company has demonstrated commitment to product safety and quality standards, continuing to invest in battery technology improvements and manufacturing processes to address consumer concerns about battery performance and reliability.
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- See's Candies - American candy manufacturer and distributor known for its boxed chocolates, part...
Duracell Ownership: Pros & Cons
Advantages
- +Leading global battery brand with strong consumer recognition
- +Backed by Berkshire Hathaway's financial strength and long-term investment perspective
- +Established distribution network and retail presence worldwide
- +Strong brand loyalty and reputation for quality and reliability
- +Continuous innovation in battery technology and power solutions
- +Stable consumer demand for battery products across multiple applications
Considerations
- -Intense competition from other battery manufacturers including Energizer and private label brands
- -Market challenges from the rise of rechargeable batteries and alternative power sources
- -Dependency on consumer electronics market trends
- -Regulatory requirements for battery disposal and environmental compliance
- -Price competition in the battery market affecting profitability
- -Need to maintain technological innovation in battery chemistry and design
Frequently Asked Questions About Duracell
Sources & Further Reading
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Duracell
No direct competitors found in the same category. This could be because Duracelloperates in a unique market segment or we're still building our competitor database.
Berkshire Hathaway Stock Information
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