Ellwangen
- Jul 26
Varta files insolvency for four group companies after losing Apple as main client
The 3,260-employee German battery group filed four insolvency petitions at Stuttgart court after Apple, its biggest customer, switched to Chinese suppliers for AirPods batteries in spring 2026.
- Jul 24
Varta creditors push for breakup, household battery unit to be spun off
A group of key creditors including Deutsche Bank plans to spin off Varta's household battery business, citing a mid-double-digit million euro liquidity gap and a lack of fresh investment.
