Ecobat Finalizes Sale of European Battery Distribution to Endless LLP

On June 2, 2025, Ecobat, a renowned leader in battery recycling, proudly announced the finalization of the sale of its European battery distribution operations to Endless LLP, a respected private equity firm based in the UK. This strategic move marks a significant milestone in Ecobat's ongoing efforts to streamline its operations, focusing primarily on sustainable battery recycling and resource recovery.

The European battery distribution division has been a crucial part of Ecobat’s portfolio, offering an extensive range of batteries for diverse applications including automotive, commercial, marine, leisure, and industrial sectors. The division provided high-quality energy storage solutions across Europe, distributing products from well-known brands such as Lucas, Exide, Varta, and Rolls.

Tom Slabe, President and CEO of Ecobat, expressed his satisfaction regarding the completion of this transaction. He emphasized, "We are pleased to announce the completion of the European battery distribution sale to Endless. This transaction marks another step in our strategy to divest non-core assets and sharpen our focus on our core mission of sustainable battery recycling." Slabe also indicated that Ecobat will continue to explore further opportunities to maximize shareholder value beyond the sale of this division.

Endless LLP, established two decades ago, specializes in investing in and transforming businesses to achieve sustainable, long-term growth. With a current focus on its £400 million Fund V, the firm supports buyouts and non-core acquisitions, enhancing strategic goals of its portfolio companies. The firm holds offices across several key locations, including London, Leeds, and Manchester, and brings notable experience, which Slabe believes will greatly benefit the employees, customers, and suppliers of the battery distribution business.

As a global powerhouse in battery recycling, Ecobat aims to help create a sustainable future by providing innovative solutions that balance resource recovery with environmental sustainability. The company operates various facilities across Europe and the United States, actively managing precious materials integral to modern life while seeking out more opportunities for growth and sustainability.

With this sale completed, Ecobat is set to reallocate resources and efforts towards further enhancing its core recycling operations, ensuring that it continues to lead in battery recycling innovations and fulfills its commitment to efficient resource management. The company looks forward to new ventures that align with its mission of sustainability and eco-friendliness.

As the battery industry evolves, Ecobat remains focused on redefining its role within the marketplace by aligning its operations more closely with global sustainability goals. This transition signifies an exciting new chapter for both Ecobat and Endless LLP, as they embark on their respective paths towards further advancements in their fields.

In conclusion, with this strategic divestiture, Ecobat is poised to reinforce its position as the world’s largest recycler of batteries, concentrating its energies on initiatives that support long-term sustainability, innovative recycling solutions, and the development of renewable energy storage technologies.

Topics General Business)

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