Ecobat Completes Italian Business Sale to Haiki
Deal News | Jul 01, 2025 | PR Newswire Cision Ecobat
Ecobat, a global leader in battery recycling, has announced the completion of the sale of its Italian battery and polypropylene recycling business to Haiki+ S.p.A., a company listed on Euronext Growth Milan. This transaction includes Ecobat's facilities in Marcianise, Paderno Dugnano, and Bologna, marking Ecobat's strategic exit from the Italian market. The move aligns with Ecobat's goal to optimize its geographical footprint and continue maximizing shareholder value. Tom Slabe, CEO of Ecobat, expressed confidence in Haiki's ability to innovate and sustain the Italian operations. Financial guidance for Ecobat was provided by Pirola Corporate Finance, while ADVANT Nctm offered legal advice. Haiki+ aspires to become a leader in Italy's circular economy sector with this acquisition.
Sectors
- Battery Recycling
- Circular Economy
Geography
- Italy – The sale involves Ecobat's Italian operations, marking its exit from the Italian market.
- United States – Ecobat, a global leader, has operations in Europe and the United States, though this deal specifically impacts its European section.
Industry
- Battery Recycling – The article focuses on Ecobat, the world's largest battery recycler, highlighting its sale of Italian operations in the recycling sector.
- Circular Economy – Haiki+ operates in the circular economy sector, aiming to become a leading player in Italy through its recent acquisition from Ecobat.
Financials
- – No specific financial figures were disclosed in the article regarding the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ecobat | Vendor | Company | The world's largest recycler of batteries, responsible for selling its Italian operations. |
| Haiki+ S.p.A. | Buyer | Company | An Italian holding company listed on Euronext Growth Milan, acquiring Ecobat's Italian recycling business. |
| Pirola Corporate Finance | Financial Advisor | Company | Provided financial advisory services to Ecobat for the transaction. |
| ADVANT Nctm | Legal Advisor | Company | Provided legal advisory services to Ecobat during the transaction. |
| Tom Slabe | Executive | Person | President & CEO of Ecobat, who commented on the strategic exit and transaction. |