FOR IMMEDIATE RELEASE
Platt Electric Receives Industrial Outstanding Distributor Award from Rayovac®
Rayovac Commends Platt Electric for Excellence in Distribution
MADISON, Wisconsin, October 4th, 2013 Rayovac® is privileged to name Platt Electric as the winner of the Rayovac Industrial Outstanding Distributor Award for their fourth quarter, which ended September 30, 2013.
Platt Electric, a premier electrical distributor in the Northwest, has exhibited spectacular growth since converting their business to Rayovac a little over a year ago. Receiving this prestigious award was no easy task, Platt Electric rose to the occasion by delivering maximum effort to the sales and distribution of Rayovac products.
Platt services are designed to save time and money using technology, training, logistics and information. Since making the switch from Energizer to Rayovac, Platt Electric has doubled their battery sales. Throughout this past quarter, Platt Electric grew their total Rayovac sales by over 6x in the month of August. Additionaly, in September alone, Platt increased their total Rayovac sales by over 3x!
Platt Electric is quite familiar with high-quality distribution. In addition to their increased sales, Platt Electric holds multiple Tool Day events that promote Rayovac batteries and lights, and have now reached a roughly 50% Rayovac display conversion in all of their 103 locations. As a further accomplishment, Platt Electric is in the process of adding our new Camo light and Portable Power to their line.
Kim Olson, Rayovac Division Vice President, Industrial, Government and OEM Sales, remarked, "This award recognizes Platt Electric for their demonstrated excellence in the categories of sales and distribution. Although the account is barely over a year old, its growth and potential have been tremendous and continue to impress. We look forward to our continued efforts together."
Rayovac is a worldwide leader in battery power and innovation. Backed by a long history of bringing the latest innovations to the marketplace, Rayovac offers a full range of high-performance batteries to meet the power needs of today’s consumers. From long-lasting alkaline batteries to advanced green rechargeable technology to the world’s top-selling, longest lasting mercury free hearing aid battery, Rayovac’s state-of-the-art products offer more power for the money. The company also manufactures a wide selection of high-quality flashlights. For more information, visit www.rayovac.com.
About Spectrum Brands Holdings, Inc.
Spectrum Brands Holdings, a member of the Russell 2000 Index, is a global and diversified consumer products company and a leading supplier of consumer batteries, residential locksets, residential builders’ hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, and personal insect repellents. Helping to meet the needs of consumers worldwide, our Company offers a broad portfolio of market-leading, well-known and widely trusted brands including Rayovac®, Varta®, Kwikset®, Weiser®, Baldwin®, National Hardware®, Pfister®, Remington®, George Foreman®, Black & Decker®, Toastmaster®, Farberware®, Tetra®, Marineland®, Nature’s Miracle®, Dingo®, 8-in-1®, FURminator®, Littermaid®, Spectracide®, Cutter®, Repel®, Hot Shot® and Black Flag®. Spectrum Brands' products are sold by the world's top 25 retailers and are available in more than one million stores in approximately 140 countries. Spectrum Brands Holdings generated net sales of approximately $3.25 billion in fiscal 2012. On a pro forma basis following our Company’s December 2012 acquisition of the Hardware & Home Improvement Group (HHI) from Stanley Black & Decker, Spectrum Brands had net sales of more than $4 billion for fiscal 2012. For more information, visit www.spectrumbrands.com.