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M&A Deal Summary

Ecobat Acquires PROMESA

On July 26, 2021, Ecobat acquired environmental company PROMESA

Acquisition Highlights
  • This is Ecobat’s 1st transaction in the Environmental sector.
  • This is Ecobat’s 1st transaction in Germany.

M&A Deal Summary
Date 2021-07-26
Target PROMESA
Sector Environmental
Buyer(s) Ecobat
Deal Type Add-on Acquisition

Target

PROMESA

Hettstedt, Germany
PROMESA provides safe recycling of lithium primary batteries and lithium-ion accumulators. The entire process is designed to handle battery and accumulator systems from the post-consumer, industrial and military sectors. PROMESA is based in Hettstedt, Germany.

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Buyer(S) 1

Buyer

Ecobat

Irving, Texas, United States
Category Company
Sector Environmental
DESCRIPTION

Ecobat is a provider in the collection, recycling, production, and distribution of energy storage resources essential to modern life. From the batteries used in vehicles and renewable energy infrastructure to the backup power systems that support hospitals and data centers, the materials we recycle and produce are essential components in the technologies developed to meet the world's energy storage needs. Ecobat is based in Irving, Texas.

DEAL STATS #
Overall 1 of 2
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-18 Emrol

Malle, Belgium

Emrol is a distributor for lead-acid, lithium-ion batteries, and chargers for industrial, motive, and stand-by applications. Emrol also develops and manufacture custom electronic solutions. Emrol was founded in 1981 and is based in Malle, Belgium.

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