Announced
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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