Ecobat Announces Binding Offer from Campine for French Lead Operations
Deal News | May 28, 2025 | PR Newswire Cision Ecobat
Ecobat, the global leader in battery recycling, announced it has received a binding offer from Campine NV to acquire its lead battery recycling and special lead manufacturing operations in France. The deal includes Ecobat's facilities in Estrée-Saint-Denis, Bazoches, and Pont-Sainte-Maxence, effectively marking Ecobat's exit from the French market, except for its lithium-ion battery collection business. Ecobat's CEO, Tom Slabe, highlighted that the transaction aligns with the company's ongoing strategy to focus on sustainable battery recycling while maximizing shareholder value. The proposed transaction is subject to employee consultation and regulatory approvals. Rothschild & Co served as the financial advisor and White & Case as the legal advisor for Ecobat in this transaction. Ecobat aims to ensure responsible management of valuable materials, emphasizing its commitment to sustainability, while Campine, listed on Euronext Brussels, specializes in metal recycling and chemical products.
Sectors
- Recycling and Waste Management
- Metals and Mining
Geography
- France – The operations being acquired are located in France, marking the geography of the business activities discussed.
- Belgium – Campine NV, the acquiring company, is based in Belgium.
- United States – Ecobat is a global company with operations in the United States, indicating a broader geographic relevance.
Industry
- Recycling and Waste Management – This industry is relevant as the article discusses the recycling operations and facilities involved in the potential acquisition.
- Metals and Mining – Pertinent due to the focus on lead manufacturing and metal recycling by both Ecobat and Campine.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ecobat | Target Company | Company | Ecobat is the largest battery recycler in the world, focusing on sustainable battery recycling and resource recovery. |
| Campine NV | Bidding Company | Company | A Belgium-based company specializing in metal recycling and chemical products, listed on Euronext Brussels. |
| Rothschild & Co | Financial Advisor | Company | Advised Ecobat in the financial aspects of the transaction. |
| White & Case | Legal Advisor | Company | Provided legal advisory services to Ecobat for the transaction. |
| Tom Slabe | CEO of Ecobat | Person | CEO of Ecobat, overseeing the strategic focus on sustainable battery recycling. |