Eco-Bat Technologies Limited (Eco-Bat) confirms that it has been named in the European Commission's decision finding that from 2009 to 2012, certain lead recycling companies, including two of Eco-Bat's subsidiaries, participated in a cartel aimed at fixing the purchase prices for scrap lead-acid automotive batteries in Belgium, France, Germany and the Netherlands.
PbA Industry promotional video (by Hammond Group and the BCI featured at the 2016 ELBC Conference)
Automechanika Frankfurt in September was the venue for the first official appearance of ECOBAT Battery Technologies, a new company that has been formed from the consolidation of three independent businesses operating within the ECOBAT Technologies Group. ECOBAT Battery Technologies is therefore an entirely new entity, which is able to offer a unique and comprehensive battery service across Europe.
In order to spearhead the transition from its existing individual business units to become ECOBAT Battery Technologies, parent company ECOBAT Technologies and the ECOBAT group has recruited Philippe Desnos as Vice President and Managing Director of new the pan-European entity.
ECO-BAT ANNOUNCES THE SUCCESSFUL COMPLETION OF ITS ISSUE OF ADDITIONAL EQUITY, THE REDEMPTION OF ITS €300 MILLION SENIOR NOTES DUE 2017 AND THE CONCLUSION OF A NEW £75 MILLION LOAN FACILITY AGREEMENT