Announced

Clarios to acquire battery recycling operations in Germany and Austria from Ecobat.

Synopsis

Clarios, an advanced energy storage solutions company, agreed to acquire battery recycling operations in Germany and Austria from Ecobat, a company specialising in collection, recycling, production and distribution of resources essential to modern life. Financial terms were not disclosed. “This expansion marks a major milestone in our European operations. It will strengthen our European recycling infrastructure, improves supply chain resilience and supports the delivery of high-quality secondary materials — including those used in our leading VARTA brand — to meet growing demand for advanced low-voltage batteries, support the energy transition in the automotive industry, and reinforce our leadership in the circular economy," Werner Benade, Clarios President EMEA.

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MergerLinks - Clarios to acquire battery recycling operations in Germany and Austria from Ecobat.