Ecobat sells German and Austrian operations

"We are pleased to announce the sale of our German and Austrian operations," said Tom Slabe, President and CEO of Ecobat. "Upon completion, this transaction - along with the previously announced divestitures of France, Italy, and Battery Distribution - will enable Ecobat to concentrate its efforts on core recycling operations, as well as our global lithium-ion battery business. Ecobat will continue to pursue additional opportunities to maximize value for shareholders beyond these transactions."

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