Ecobat has divested its European battery distribution business to Endless
Arrowpoint Advisory’s Logistics and Supply Chain sector team has advised the shareholders of Ecobat, a global leader in battery recycling, on the sale of its European battery distribution business to Endless LLP, a UK-based private equity firm.
Ecobat is the world’s largest recycler of batteries, with operations across Europe and the United States. The company is dedicated to creating a more sustainable future by providing innovative solutions for battery recycling, resource recovery, and energy storage. Ecobat’s comprehensive approach ensures the responsible management of valuable materials essential to modern life.
The battery distribution division has been a meaningful part of Ecobat’s European portfolio, supplying a comprehensive range of batteries for various applications, including automotive, commercial vehicles, marine, leisure, and industrial uses. The distribution business has been instrumental in delivering high-quality energy storage solutions across Europe, featuring renowned brands such as Lucas, Exide, Varta, and Rolls.
Tom Slabe, President and CEO at Ecobat, commented: “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.”
Daniel Terrell, Chief Strategy Officer at Ecobat, added: “We would like to thank the Arrowpoint Advisory team for their support – their strong experience across the supply chain industry, hands-on approach and commitment have been key to delivering this transaction.”
Barry Sheehan, Managing Director at Arrowpoint Advisory, concluded: “We are delighted to have supported Ecobat on this important milestone and wish the team continued success under Endless' ownership.”
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