Clarios has announced plans to acquire Ecobat, including its three U.S. critical mineral recovery and processing facilities. The deal stage is announced; the sources do not disclose a purchase price.
According to the source, the proposed acquisition would strengthen domestic battery recycling capacity, enhance supply chain resilience and support Clarios' broader U.S. manufacturing strategy. The facilities collectively process more than 40 million batteries annually, the source states.
No further terms, closing date or advisers were disclosed in the source material.