Retriev Technologies buys Battery Solutions

Lithium battery recycler Retriev Technologies has acquired Battery Solutions.

Battery Solutions is a battery recycling specialist, with an extensive range of services for the end-of-life battery lifecycle for EVs, telecommunications, consumer collection, and waste management sectors.

“The opportunity to deliver upon North America’s need for an end-of-life reuse solution for batteries that involves critical materials recycling at scale creates an extremely competitive value chain for the United States,” said David Klanecky, CEO of Retriev Technologies.

Retriev’s operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. Battery Solutions brings added processing, sorting, fulfillment, logistics and storage solutions with their 95,000-square-foot facility in Wixom, Michigan, and a 60,000-square-foot facility in Mesa, Arizona.

“Global EV and electrification trends are accelerating at rates that both drive scarcity of natural resources on the front end and necessitate careful end-of-life management to harness recycled natural resources,” said Thomas Bjarnemark, CEO of Battery Solutions.

“Contributing to the circular economy model is a core focus of Battery Solutions, and this integration with Retriev brings us a huge step closer to making that a reality.”

Last October, Retriev combined with Heritage Battery Recycling to form the largest lithium-ion battery recycler in North America. The deal expanded Retriev’s collection and transportation network through partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean.

Retriev has been processing lithium batteries for over 30 years, using a patented hydrometallurgical process.