Energizer Holdings, Inc. (ENR)

[Enterprising Investor]

Energizer Holdings Announces Names For Both New Companies Upon Separation On July 1, 2015 (2/20/15)

ST. LOUIS, Feb. 20, 2015 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced the names of each of the two new companies upon separation, which is targeted for completion by July 1, 2015. The Personal Care Division will be named Edgewell Personal Care upon its separation to become an independent company. The Household Product Division will retain the Energizer Holdings, Inc. name and logo.

"Edgewell" is a newly coined word created by combining two familiar terms. "Edge" expresses the company's drive to be on the leading edge of innovation and to deliver meaningful advantages over competitive products. It also evokes the rich heritage of the company's largest global business: shaving, which is literally about putting an edge on blades. "Well" reflects the company's ultimate goal as a Personal Care business: to deliver well-being for the people who use its products. Furthermore, it speaks to a commitment that everything created will be well-designed and well-made.

"Together, these words form the perfect name for our new company: Edgewell Personal Care, the innovative challenger in the world of personal care products," said David Hatfield, Chief Executive Officer of Energizer's Personal Care Division.

The Edgewell logo will be accompanied by a hummingbird symbol in a fresh aqua blue with clean, modern lines. As alluded to by its name, Edgewell intends to continue Energizer's legacy as a challenger brand. The hummingbird is the ultimate challenger of the natural world: fast and agile, smaller than some, but strong and resourceful. And, like Edgewell's brands, the hummingbird surprises and delights, making people feel good.

"It's an emotionally engaging symbol that expresses our values, and it will help us to stand apart from the more traditional corporate logos in our industry," said Al Robertson, Global Chief Marketing Officer of the Energizer Personal Care Division.

The company also announced today that the Household Products Company will keep the Energizer Holdings, Inc. name and logo, retaining the legacy and value of the holding company's flagship brand.

"We're proud to carry forward our iconic Energizer name, building upon that rich heritage as we strive to deliver long-term value for our colleagues, customers and owners," said Alan Hoskins, Chief Executive Officer of Energizer's Household Products Division.

The Transition to Edgewell and the New Energizer

Separation activities are well underway and are expected to be completed on July 1st, 2015. Until that time, Energizer Holdings, Inc. will continue to operate under its current name and stock trading symbol. Edgewell Personal Care has reserved the stock symbol EPC on the New York Stock Exchange, while Energizer Holdings, Inc. will maintain the symbol ENR on the New York Stock Exchange. Both will begin trading under these symbols upon completion of separation. Shareholders will not be required to take any action with respect to the name change. Outstanding stock certificates will not be affected by the name change and will not need to be exchanged.

About Energizer:

Energizer Holdings, Inc. is a consumer goods company operating globally in the broad categories of personal care and household products. The Personal Care Division offers a diversified range of consumer products in the wet shave, skin care, feminine care and infant care categories with well-established brand names such as Schick® and Wilkinson Sword® men's and women's shaving systems and disposable razors; Edge® and Skintimate® shave preparations; Playtex®, Stayfree®, Carefree® and o.b.® feminine care products; Playtex® infant feeding, Diaper Genie® and gloves; Banana Boat® and Hawaiian Tropic® sun care products; and Wet Ones® moist wipes. The Household Products Division offers consumers a broad range of household and specialty batteries and portable lighting products, anchored by the universally recognized Energizer® and Eveready® brands. The company markets its products throughout most of the world. Energizer Holdings, Inc. is traded on the NYSE under the ticker symbol ENR.

On April 30, 2014, Energizer Holdings announced plans to divide and create two independent, publicly traded companies:

New Household Products, a leading consumer products company with annual revenue of approximately $1.8 billion in the fiscal year ending September 30, 2014, offering strong margins and significant cash flows anchored by its two globally recognized battery brands.

New Personal Care (Edgewell): a leading pure-play personal care company with annual revenue of approximately $2.6 billion in the fiscal year ending September 30, 2014, offering top-line growth and capital return through a large portfolio of global brands with #1 or #2 positions in their categories.

http://www.prnewswire.com/news-releases/energizer-holdings-announces-names-for-both-new-companies-upon-separation-on-july-1-2015-300038199.html