Lithium battery recycling company Retriev Technologies has purchased battery recycling management firm Battery Solutions. According to Retriev, the acquisition makes the expanded company “the first and only comprehensive battery management solution in North America.”
“Our combined assets and talented team enable us to be the only player in the industry that has the capability to collect, transport, sort and process every type of battery at every touchpoint from the end of one life cycle to the beginning of another. This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain,” said Retriev Technologies CEO David Klanecky.
Battery Solutions operates a battery-centric logistics network and two US facilities for its current customers in the EV, telecommunications, consumer and waste management markets. It has processing, sorting, fulfillment, logistics and storage capabilities at its 95,000 square-foot facility in Michigan and 60,000 square-foot facility in Arizona.
Retriev Technologies maintains battery recycling and sorting facilities in Ohio, California, and British Columbia. The company says it is the “oldest and largest lithium-ion battery processing operation.”
Retriev says by combining with Battery Solutions it will be able to develop customized solutions, serve small and large customers, simplify the collection process and shorten conversion time.
Source: Retriev Technologies