Endless completed the acquisition of the European battery distribution business from Ecobat.

Endless, a private equity firm, completed the acquisition of the European battery distribution business from Ecobat, a battery recycling company. Financial terms were not disclosed. “We are pleased to announce the completion of the European battery distribution sale to Endless. This transaction marks another step in our strategy to divest non-core assets and sharpen our focus on our core mission of sustainable battery recycling. Ecobat will continue to explore additional opportunities to maximize value for shareholders beyond the sale of the battery distribution division. We are confident that Endless’s experience and strategic approach will support the ongoing success of the battery distribution business for our employees, customers, and suppliers,” Tom Slabe, Ecobat President & CEO.