Duracell is owned by Berkshire Hathaway (the United States, NYSE: BRK.B), which acquired the brand on 29 February 2016 from Procter & Gamble.[1][2] Duracell was founded in 1924 in the United States and was independent until 2016.
Duracell alkaline batteries date to research in the 1920s on longer-lasting cells, with the consumer brand launched in 1964, and its copper-topped design is registered trade dress. Berkshire Hathaway acquired the business from Procter & Gamble in 2016, paying with its P&G shares rather than cash.
Berkshire Hathaway acquired Duracell from Procter & Gamble in a share exchange worth about $4.7 billion, handing back its P&G stock rather than paying cash. Structuring it as an exchange avoided a large capital gains charge on shares Berkshire had held since the Gillette merger.
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Frequently asked questions
Who is the parent company of Duracell?
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The parent company of Duracell is Berkshire Hathaway, a holding company headquartered in the United States.
Is Duracell American?
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Yes. Duracell originated in the United States in 1924 and its owner, Berkshire Hathaway, is also headquartered in the United States.
When did Berkshire Hathaway buy Duracell?
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Berkshire Hathaway completed its acquisition of Duracell on 29 February 2016, after announcing the deal on 13 November 2014.
Who owned Duracell before Berkshire Hathaway?
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Duracell was an independent company from its founding in 1924 until Berkshire Hathaway acquired it in 2016.
Is Duracell still owned by Berkshire Hathaway?
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Yes. As of 8 September 2026, Duracell is still owned by Berkshire Hathaway. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.