Announced

Campine to acquire the lead battery recycling business in France from Ecobat.

Synopsis

Campine, a metals recycling and specialty chemicals company, offered to acquire the lead battery recycling business in France from Ecobat, a battery recycling company. Financial terms were not disclosed. “We are pleased to announce this project for our French recycling operations. This transaction represents an important milestone in our ongoing strategy to sharpen our focus on Ecobat’s core mission of sustainable battery recycling. Ecobat will continue to pursue additional opportunities to maximize value for shareholders beyond this contemplated transaction. We believe that Campine’s expertise and vision represent a strong foundation for the future growth and stability of the French recycling business, benefiting our employees, customers, and suppliers,” Tom Slabe, Ecobat President & CEO.

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