Business transaction finalized: Ecobat sells Italian operations to Haiki
In a strategic move announced on July 1, 2025, Ecobat has sold its Italian battery and polypropylene recycling business to Haiki + S.p.A. The decision, made by Ecobat President & CEO, Tom Slabe, is part of an effort to optimise the company's geographic footprint and focus on markets with higher growth potential, particularly in North America and Northern Europe.
The sale, which was facilitated by financial advisor Pirola Corporate Finance and legal advisor ADVANT Nctm, includes Ecobat's facilities in Marcianise, Paderno Dugnano, and Bologna. The transaction marks Ecobat's exit from the Italian market, but the company is not abandoning the battery market entirely. Ecobat is still pursuing additional opportunities to maximise value for shareholders beyond this transaction.
For Haiki, the acquisition strengthens its position in lead recycling, making it the first integrated lead operator in Italy. The company plans to develop proprietary technologies for lithium battery recycling and the treatment of "black mass," leveraging its existing centres for this purpose. Haiki also has investments planned for other sectors, such as the textile supply chain, and aims to become a leading player in the Italian circular economy sector by expanding its operations and introducing new technologies aligned with sustainability principles.
Ecobat, on the other hand, will continue to focus on growth markets, particularly in North America and Northern Europe. The company aims to enhance its position in the global battery recycling market by emphasising innovative solutions for battery recycling and resource recovery, aligning with its mission to create a more sustainable future.
The sale was made through PRNewswire and the article was published on July 1, 2025, as previously mentioned in the press release. No further details about the sale terms were disclosed, beyond what was previously mentioned in the press release. Ecobat is confident that the Italian business will continue its success under Haiki's commitment to innovation and sustainability.
[1] READ the latest Batteries News shaping the battery market. [2] Haiki press release. [3] Ecobat press release.
- Haiki's acquisition of Ecobat's Italian battery recycling business, facilitated by financial advisor Pirola Corporate Finance and legal advisor ADVANT Nctm, is a strategic move for both companies, as Haiki strengthens its position in lead recycling and Ecobat focuses on growth markets, particularly in North America and Northern Europe.
- Beyond this transaction, Ecobat is still seeking additional opportunities to maximise value for shareholders, while Haiki plans to develop proprietary technologies for lithium battery recycling and the treatment of "black mass," ultimately aiming to become a leading player in the Italian circular economy sector by expanding its operations and introducing new technologies aligned with sustainability principles.
