Ecobat Completes Strategic Sale of Its Italian Recycling Division to Haiki
In a significant move towards optimizing its global operations, Ecobat, the leading name in battery recycling, has successfully completed the sale of its Italian battery and polypropylene recycling division to Haiki + S.p.A. This transaction marks the exit of Ecobat from the Italian market, pivoting its focus towards maximizing shareholder value and expanding further into sustainable practices.
The deal, announced on July 1, 2025, includes Ecobat's plants located in Marcianise, Paderno Dugnano, and Bologna, which are crucial facilities within the company’s European network. Tom Slabe, President and CEO of Ecobat, expressed enthusiasm about this strategic decision: "We are pleased to announce the completion of this transaction involving our Italian recycling operations. This sale marks yet another step in our strategic efforts to optimize Ecobat's geographic footprint. We will continue to pursue additional opportunities to maximize value for shareholders beyond this transaction."
Haiki, the receiving company, is poised to leverage this acquisition to elevate its presence in the environmental and circular economy sectors in Italy. As a holding company listed on Euronext Growth Milan, Haiki aims to enhance its operations across four divisions, making it a formidable player in Italy’s circular economy landscape. Slabe further noted his confidence in Haiki's innovative approach to recycling and sustainability as a solid platform for the future success of the Italian business.
The sale also paints a broader picture of Ecobat's commitment to sustainable practices. By divesting its Italian operations, Ecobat is streamlining its focus on areas where it can deploy its resources more effectively, ensuring a sustainable future through innovative solutions in battery recycling, resource recovery, and energy storage.
With operations spanning across the United States and Europe, Ecobat's extensive recycling footprint contributes significantly to the responsible management of vital materials essential to modern life. The company is dedicated to forging innovative pathways that not only enhance operational efficiency but also promote environmental stewardship and sustainability.
Following this strategic sale, Ecobat will continue to explore new avenues to drive growth and maximize its corporate strategies. The firm’s ability to pivot in a rapidly changing market reflects its agility and foresight in an evolving global economy.
Pirola Corporate Finance served as the financial advisor while ADVANT Nctm acted as the legal advisor for Ecobat in this transaction, ensuring a smooth transition of ownership and operations between the two entities.
As Ecobat embarks on this new chapter, it solidifies its standing as a pioneer in the battery recycling industry, dedicated to creating and maintaining a greener, more sustainable future for both the planet and investors alike.
The deal, announced on July 1, 2025, includes Ecobat's plants located in Marcianise, Paderno Dugnano, and Bologna, which are crucial facilities within the company’s European network. Tom Slabe, President and CEO of Ecobat, expressed enthusiasm about this strategic decision: "We are pleased to announce the completion of this transaction involving our Italian recycling operations. This sale marks yet another step in our strategic efforts to optimize Ecobat's geographic footprint. We will continue to pursue additional opportunities to maximize value for shareholders beyond this transaction."
Haiki, the receiving company, is poised to leverage this acquisition to elevate its presence in the environmental and circular economy sectors in Italy. As a holding company listed on Euronext Growth Milan, Haiki aims to enhance its operations across four divisions, making it a formidable player in Italy’s circular economy landscape. Slabe further noted his confidence in Haiki's innovative approach to recycling and sustainability as a solid platform for the future success of the Italian business.
The sale also paints a broader picture of Ecobat's commitment to sustainable practices. By divesting its Italian operations, Ecobat is streamlining its focus on areas where it can deploy its resources more effectively, ensuring a sustainable future through innovative solutions in battery recycling, resource recovery, and energy storage.
With operations spanning across the United States and Europe, Ecobat's extensive recycling footprint contributes significantly to the responsible management of vital materials essential to modern life. The company is dedicated to forging innovative pathways that not only enhance operational efficiency but also promote environmental stewardship and sustainability.
Following this strategic sale, Ecobat will continue to explore new avenues to drive growth and maximize its corporate strategies. The firm’s ability to pivot in a rapidly changing market reflects its agility and foresight in an evolving global economy.
Pirola Corporate Finance served as the financial advisor while ADVANT Nctm acted as the legal advisor for Ecobat in this transaction, ensuring a smooth transition of ownership and operations between the two entities.
As Ecobat embarks on this new chapter, it solidifies its standing as a pioneer in the battery recycling industry, dedicated to creating and maintaining a greener, more sustainable future for both the planet and investors alike.
Topics Consumer Products & Retail）
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