AutoX completed the acquisition of Zimco Group from Ecobat.

AutoX, a Southern African automotive lead-acid battery manufacturer and distributor, completed the acquisition of Zimco Group, a company offering lead and industrial operations, from Ecobat, a battery recycling company. Financial terms were not disclosed. "I would like to thank the Zimco Group management and workforce across southern Africa for their service and commitment. This divestment advances Ecobat's strategic initiative to focus on our core business of battery recycling in North America and Europe," Marcus Randolph, Ecobat CEO.