Ecobat Completes Sale of Italian Operations to Haiki
Deal News | Jul 02, 2025 | PR Newswire Cision Ecobat
Ecobat, a leading global battery recycling company, announced the completion of the sale of its battery and polypropylene recycling operations in Italy to Haiki + S.p.A. This divestment includes facilities in Marcianise, Paderno Dugnano, and Bologna, marking Ecobat's exit from the Italian market. The transaction aligns with Ecobat’s strategic initiative to optimize its geographic footprint and maximize shareholder value. The company's CEO, Tom Slabe, expressed confidence in Haiki's commitment to innovation and sustainability, ensuring a solid foundation for future success. Pirola Corporate Finance served as the financial advisor and ADVANT Nctm as the legal advisor for Ecobat.
Sectors
- Recycling Industry
- Energy Industry
- Environmental Services
Geography
- Italy – The main focus of the article is on Ecobat's operations in Italy.
- United States – Ecobat is a global player with operations in the United States.
Industry
- Recycling Industry – The article discusses the sale of battery and polypropylene recycling operations, positioning it within the Recycling Industry.
- Energy Industry – Ecobat's focus on battery recycling and resource recovery ties the article to the Energy Industry, especially in sustainable energy practices.
- Environmental Services – Haiki operates in the environment and circular economy sectors, linking the article to Environmental Services.
Financials
- Not Disclosed – The financial terms of the transaction were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ecobat | Target Company | Company | A global leader in battery recycling with operations in Europe and the United States. |
| Haiki + S.p.A. | Bidding Company | Company | A publicly listed company focusing on environmental and circular economy sectors. |
| Pirola Corporate Finance | Financial Advisor | Company | Provided financial advisory services for Ecobat during the transaction. |
| ADVANT Nctm | Legal Advisor | Company | Served as the legal advisor for Ecobat in the sale. |
| Tom Slabe | President and CEO | Person | President and CEO of Ecobat, commenting on the strategic motives for the sale. |