Nanfu Battery
Native name
福建南平南孚有限公司
Industryprimary battery;secondary battery
Founded1988 (1988)
Headquarters
Nanping
,
China
Area served
Worldwide
Productsalkaline battery, lithium rechargeable battery
Websitenanfu.com

Nanfu Battery (Chinese: 南孚电池), full name Fujian Nanping Nanfu Battery, Co., Ltd., is a leading Chinese alkaline battery manufacturer and supplier. Nanfu Battery is headquartered in Nanping, Fujian province, China. Nanfu Battery holds the number one position in China's alkaline battery market with over eighty percent of the country's market share.[1][2]

Nanfu Battery products are also available for the American market via online sales platforms such as eBay and Amazon.

History

Fujian Nanping Nanfu Battery, Co., Ltd. was founded in 1988.[3] The company owns over three million retail outlets in China. In August 2003, Gillette acquired a seventy-two percent stake in the company.[4] Procter & Gamble (P&G) purchased Gillette in 2005 along with Gillette's stake in Nanfu Battery. CDH Investments then purchased P&G's 78.8 percent equity stake in Nanfu Battery in November 2014.[5][6]

Products

The company's major products are alkaline battery products, including AA, AAA, D, C, and 9V batteries. The company also produces lithium batteries.

References

  1. ↑ 刘铮. "CDH completes buyout of Nanfu Battery from P&G - Business - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 2018-10-12.
  2. ↑ "Nanfu Retains No. 1 Position in China's Alkaline Battery Market". AP NEWS. 2018-11-14. Retrieved 2018-11-15.
  3. ↑ "Battery giant Gillette obtains rival Nanfu". www.chinadaily.com.cn. Retrieved 2018-10-12.
  4. ↑ News, Bloomberg (12 August 2003). "COMPANY NEWS; GILLETTE ACQUIRES 72% STAKE IN CHINESE BATTERY MAKER". The New York Times. Retrieved 2018-10-12. {{cite news}}: |last= has generic name (help)
  5. ↑ "P&G bows out of big battery business". www.bizjournals.com. Retrieved 2018-10-12.
  6. ↑ 刘铮. "CDH completes buyout of Nanfu Battery from P&G - Business - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 2018-10-12.
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