Haiki+ Fortifies Lead Recycling with Ecobat Acquisition
Deal News | Jul 02, 2025 | Finance Community IT - 1 Corporate M&A
In a significant strategic acquisition, Haiki+, backed by its key shareholder Sostenya, has secured €20 million for the purchase of Ecobat Resources Italy from the American multinational Ecobat. DC Advisory played a crucial role, serving as the financial advisor to Sostenya, with the deal positioning Haiki+ as a dominant player in the Italian lead recycling sector. This acquisition enables Haiki+ to become Italy's first integrated lead producer by consolidating the entire lead battery recycling process including collection, recovery, and refining of lead and plastics. Pirola Corporate Finance acted as the exclusive financial advisor for Ecobat, with Rotschild also supporting the sellers in this transaction.
Sectors
- Recycling
- Corporate Finance Advisory
- Lead Production
Geography
- Italy – The acquisition of Ecobat Resources Italy and its implications are primarily within the Italian market.
- United States – The seller, Ecobat, is an American multinational, indicating cross-border interactions.
Industry
- Recycling – This industry is relevant as the acquisition involves lead battery recycling and related production.
- Corporate Finance Advisory – Industry covers DC Advisory's role in providing financial advisory services in M&A transactions.
- Lead Production – Haiki+'s acquisition pushes it to the forefront of lead production, a core area impacted by this transaction.
Financials
- €20 million – The financing amount secured for the acquisition of Ecobat Resources Italy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Haiki+ | Acquirer | Company | An Italian company engaged in the recycling and production of lead. |
| Sostenya | Financier | Company | Primary shareholder of Haiki+, supporting the acquisition financially. |
| Ecobat Resources Italy | Target Company | Company | The company being acquired, active in lead battery recycling in Italy. |
| Ecobat | Parent Company | Company | American multinational corporation and parent of Ecobat Resources Italy. |
| DC Advisory | Financial Advisor to Sostenya | Company | Provided financial advisory services to Sostenya for the acquisition. |
| Pirola Corporate Finance | Financial Advisor to Ecobat | Company | Acted as the financial advisor for Ecobat in the sale transaction. |
| Rotschild | Financial Advisor to Sellers | Company | Supported the vendors in the transaction. |