Retriev Technologies Acquires Battery Solutions to Create Largest Comprehensive Battery Management Solution in North America
Summary
The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. “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, Retriev Technologies. “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. Founded in 1930, The Heritage Group (THG) is a fourth-generation, family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. With more than 5,000 employees and 30 operating companies worldwide, THG aims to build a safer, more enriching, and sustainable world by harnessing the power of family.