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Rayovac May Buy Remington

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By: TOM BRANNA

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Rayovac May Buy Remington ● At presstime, reports suggested that Rayovac, the No. 3 U.S. battery maker, had entered into an agreement to purchase Remington Products Co., maker of battery-powered electric shavers and grooming products, for $165 million. Speculators said this could “throw a curveball” in Gillette Co. and Energizer Holdings’ battle for the No. 1 spot in the battery and razor categories. For the 12 months ended June 30, Bridgeport, CT-based Remington reported sales of $...

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