US-based battery recycling Ecobat has received a binding offer from Belgian recycler Campine to acquire its battery recycling and specialty lead manufacturing operations in France, and has agreed to grant exclusivity to Campine.

The purchase would include Ecobat’s facilities in Estrée-Saint-Denis, Bazoches and Pont-Sainte-Maxence, which would mark Ecobat’s exit from the French market other than its lithium-ion battery collection business.

“We are pleased to announce this project for our French recycling operations,” said Tom Slabe, Ecobat President and CEO. “This transaction represents an important milestone in our ongoing strategy to sharpen our focus on Ecobat’s core mission of sustainable battery recycling.”

Source: Ecobat