Announced

Completed

Haiki + completed the acquisition of battery and polypropylene recycling business in Italy from Ecobat.

Synopsis

Haiki +, an environmental services company, completed the acquisition of battery and polypropylene recycling business in Italy from Ecobat, a battery recycling firm. Financial terms were not disclosed. “We are pleased to announce the completion of this transaction involving our Italian recycling operations. This sale marks yet another step forward in our strategic efforts to optimize Ecobat’s geographic footprint. We will continue to pursue additional opportunities to maximize value for shareholders beyond this transaction.” Mr. Slabe continued, “We are confident that Haiki’s commitment to innovation and sustainability will provide a solid platform for the continued success of the Italian business," Tom Slabe, Ecobat President & CEO.

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