#USA #Dallas #Ecobat #Endless LLP #battery distribution

Ecobat's Strategic Shift in Battery Business

In a significant business transition, Ecobat, the global leader in battery recycling, has successfully concluded the sale of its European battery distribution division to Endless LLP, a UK-based venture capital firm. This transaction not only signifies a pivotal point in Ecobat's operational strategy but also underscores its commitment to centering its resources on sustainable battery recycling.

The Details of the Sale

Announced on June 2, 2025, this deal reflects Ecobat's intention to divest non-core assets and streamline its operations. The distribution division has catered to a diverse range of applications, including automotive, commercial vehicles, marine, leisure, and industrial sectors. It has been instrumental in providing high-quality energy storage solutions across Europe, distributing reputable brands like Lucas, Exide, Varta, and Rolls.

Tom Slabe, Ecobat’s President and CEO, expressed his satisfaction with the completion of the sale, stating, "We are pleased to announce the closing of the sale of the European battery distribution division to Endless. This transaction marks a further step in our strategy of divesting non-essential assets and focusing on our core mission of sustainable battery recycling."

Slabe further emphasized that Ecobat will continue to explore new opportunities to enhance shareholder value beyond the distribution division's sale. He placed confidence in Endless's strategic expertise, believing that it will support long-term success for all stakeholders involved, including employees, customers, and suppliers.

About Ecobat

Ecobat stands as the most significant battery recycler globally, with operations not only in Europe but also in the United States. The company's mission focuses on fostering a sustainable future by providing innovative solutions for battery recycling, resource recovery, and energy storage. Ecobat's integrated approach ensures the responsible management of valuable materials that are essential for modern life.

Insight into Endless LLP

Endless LLP, founded two decades ago, has cultivated a strong reputation in the private equity sector by investing in companies and aiding management teams in achieving their strategic goals. Currently operating under their fifth fund of £400 million, Endless engages in strategic acquisitions and enhances value through transformation and growth initiatives.

Their offices in London, Leeds, and Manchester position them as specialists in driving change, fostering growth, and implementing strategic divestitures, all with the overarching goal of ensuring sustainable long-term value.

The Path Forward

With this divestment, Ecobat is not only setting the stage to ramp up its focus on sustainable practices but is positioning itself to capitalize on new and emerging opportunities in the recycling sector. The sale to Endless is expected to facilitate continued growth for the distribution business while aligning Ecobat's operations closer to its long-term vision. As the landscape of battery recycling evolves, Ecobat remains determined to lead in innovation and sustainability while ensuring resource efficiency at every level of operation.

Through strategic maneuvering and a clear focus on its core competencies, Ecobat aims to redefine its role in the evolving ecosystem of battery recycling and energy storage.