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Duracell
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{{Short description|Battery and smart power system manufacturer of the United States}} {{Infobox company | name = Duracell Inc. | logo = [[File:Duracell logo.svg|frameless|class=skin-invert]] | logo_caption = Logo since 2013 | type = [[Subsidiary]] | foundation = {{Start date and age|1924}} (as [[P. R. Mallory and Co Inc|P.R. Mallory Company]]) | founders = [[Samuel Ruben]]<br />[[Philip Mallory]] | location = [[Chicago, Illinois]], U.S.,<ref>{{Cite report|title=Berkshire Hathaway Inc 2021 Annual Report|url=https://www.berkshirehathaway.com/2021ar/2021ar.pdf |year=2022 |location=Omaha, Nebraska |page=34}}</ref> [[Bethel, Connecticut]] | industry = | products = [[Battery (electricity)|Batteries]] | num_locations = | revenue = [[United States dollar|US$]]2 billion <small>(2015)</small> | operating_income = | net_income = | owner = | num_employees = 2,700 | parent = Dart Industries (1978β1980)<br/>[[Kohlberg Kravis Roberts]] (1988β1989)<br/>[[The Gillette Company]] (1996β2005)<br/>[[Procter & Gamble]] (2005β2016)<br/>[[Berkshire Hathaway]] (2016βpresent) | subsid = Duracell (UK) Limited<br />Duracell China Limited<br />Duracell Batteries BV<br />Duracell Batteries Limited<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/80424/000119312510188769/dex21.htm|title=THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES: Subsidiaries of the Registrant|website=www.sec.gov|access-date=12 February 2018|archive-url=https://web.archive.org/web/20160531104314/http://www.sec.gov/Archives/edgar/data/80424/000119312510188769/dex21.htm|archive-date=31 May 2016|url-status=live}}</ref> | homepage = {{URL|www.duracell.com}}<br />{{URL|www.procell.com}} | footnotes = }} [[File:Duracell 9 Volt 0849.jpg|thumb|Typical Duracell 9V battery]] '''Duracell Inc.''' is an American manufacturer of [[Alkaline battery|alkaline batteries]], specialty cells, and [[Rechargeable battery|rechargeables]]; it is a wholly owned subsidiary of [[Berkshire Hathaway]] since 2016. The company has its origins in the 1920s, through the work of [[Samuel Ruben]] and [[Philip Mallory]], and the formation of the [[P. R. Mallory and Co Inc|P. R. Mallory Company]]. Through a number of corporate mergers and acquisitions, Duracell came to be owned by the consumer products conglomerate [[Procter & Gamble]] (P&G). In November 2014, P&G reached an agreement to sell the company to the international conglomeration Berkshire Hathaway through a transfer of shares. Under the deal, Berkshire Hathaway exchanged the shares it held in P&G for ownership of the Duracell business.<ref name=BusinessWired>{{cite news|title=P&G Completes Exchange of Duracell to Berkshire Hathaway|url=http://www.businesswire.com/news/home/20160229006829/en/PG-Completes-Exchange-Duracell-Berkshire-Hathaway|access-date=February 29, 2016|work=Business Wire|date=February 29, 2016|archive-url=https://web.archive.org/web/20160301092731/http://www.businesswire.com/news/home/20160229006829/en/PG-Completes-Exchange-Duracell-Berkshire-Hathaway|archive-date=March 1, 2016|url-status=live}}</ref>
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