The transaction included participation from new investor, Heritage-Crystal Clean, Inc. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. Your email address will not be published. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Retriev is a pioneer and market leader in the North American battery recycling industry. This transaction solidifies the retention of strategic material handling technology and capability to domestically support the manufacturing sector, including US-based OEMs who are investing at unprecedented levels to support the conversion to electric vehicles. 34.70. Headquarters Regions Great Lakes, Northeastern US. Stock image. Retriev Technologies acquired 2 companies. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. We also specialize in economic news. Shane Thompson will serve as President of the combined company. Trail, B.C. Retriev's Profile, Revenue and Employees. Retriev Technologies serves clients operating in the industrial, electronic, and automotive industries. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. This is useful in estimating the financial strength and credit risk of the company. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. -, Marubeni Corporation - Expansion of Pharmaceutical Business Initiatives, Marubeni : Expansion of Pharmaceutical Business InitiativesClinical Trial for a Novel -lactamase Inhibitor in China. "Over 7 million electric vehicles were sold in the last decade, and as production of new models ramp up and older models near end of life, the need for recycling and reuse solutions has never been greater," Laborsky observed. Your email address will not be published. For more information, visit www.SolvedByRetriev.com, Cision Distribution 888-776-0942 Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing lithium batteries for over 30 years. For more information, visit www.retrievtech.com. Retriev Technologies Inc. and HOBI International, Inc. 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. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Claim your profile to get in front of buyers, investors, and analysts. All rights reserved. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Grant Accountant. Determine whether Retriev Technologies grew or shrank during the last recession. Retriev's North American operations provide a unique platform for the launch of this partnership, with battery recycling and sorting facilities located in Lancaster, OH, Baltimore, OH, and Trail, British Columbia. You can read more about your. View real-time stock prices and stock quotes for a full financial overview. Retriev Technologies Inc. and Marubeni Corporation Announce Strategic Partnership for Developing New Circular Business for End February 18, 2021, 12:19 AM UTC Share this article "We're pleased to partner with Heritage to expand the reach and capabilities of Retriev," said Steve Kinsbursky, Chairman and CEO of Retriev, and President, CEO of KBI. Its headquarters is located at Lancaster, Ohio, USA. Company profile page for Retriev Technologies Inc including stock price, company news, press releases, executives, board members, and contact information 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/retriev-technologies-combines-with-heritage-battery-recycling-creating-the-largest-lithium-ion-battery-recycler-in-north-america-301393666.html, Registration on or use of this site constitutes acceptance of our. Internet Explorer presents a security risk. "Our mission to bring a sustainable model of closed loop recycling for critical materials that are necessary for the North American supply chain is one step closer to a reality with this merger. The market size for lithium-ion batteries is expected to surpass USD$116 billion by 2030. About The Heritage GroupFounded 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. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing lithium batteries for over 30 years. June 01, 2021 03:02 PM Eastern Daylight Time. KULR Stock's Partnership. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. 2023 PitchBook. Founded Date 1965. Their latest acquisition was Battery Solutions on March 09, 2022. Shane Thompson will serve as President of the combined company. As the largest U.S. handler for cross-chemistry battery recycling management, Battery Solutions charts a path forward for their customers by supporting fully traceable end-of-life management services and products. While a new recession may strike a particular industry, measuring the industry and company's . "Our mission to bring a sustainable model of closed loop recycling for critical materials that are necessary for the North American supply chain is one step closer to a reality with this merger. HOBI International Inc. (HOBI) and Retriev Technologies Inc. (Retriev) have entered into a collaborative partnership for the purpose of collecting and recycling large format electric vehicle (EV) batteries throughout North America. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. This helps the company meets a large, underserved area of need for Retriev, thereby enabling its customers to ship batteries safely back to the company for recycling. This transaction solidifies the retention of strategic material handling technology and capability to domestically support the manufacturing sector, including US-based OEMs who are investing at unprecedented levels to support the conversion to electric vehicles. Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Get the latest business insights from Dun & Bradstreet. Through the HBR network, the partnering company will maintain access to more than 100,000 customer locations and 2.500 employees. The company's services help to process batteries depending on the structure, form-factor and recoverable components from each battery type using automated hydrometallurgical processes, pyrometallurgical processes and hands-on . The deal expanded Retrievs collection and transportation network through partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean. This maker also produces sulphate(*1), battery precursor(*2) and cathodes for rechargeable batteries used in both consumer products and electric vehicles. Delayed Japan Exchange Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. -, Heritage-Crystal Clean, Inc. to Hold 2023 First Quarter Conference Call, Heritage Crystal Clean : to Hold 2023 First Quarter Conference Call25.6 KB, Truist Securities Initiates Heritage-Crystal Clean at Buy With $42 Price Target. 0.03 . It is calculated by dividing a company's price per share by its earnings per share. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain.. "Our experience with safely handling hazardous waste and managing total byproduct programs makes us a natural fit for collaboration with Retriev and the various automotive and battery manufacturers facing this industry-wide recycling opportunity.". This development results from the companys merger with Retriev Technologies. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Delayed Nasdaq (*3) Closed Loop Recycling: An essential waste management practice by which materials are recycled back into themselves to create another product, removing the waste disposal process. 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. KBI has over 60 years of experience as specialists in the recovery of metals from end-of-life batteries and precious metals from automotive catalysts. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. Retriev utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. An R2, RIOS, ISO 14001, and WBE certified firm, HOBI leads the electronics recycling industry in best practices for maximum recovery of reuse and recycling value, minimizing costs in processing, and mitigating safety risks in handling. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! Invest in the Green-Energy Revolution now with our free report! of Transportation special permits for safe transport of higher capacity batteries. HCCI. Heritage-crystal Clean, Inc. : Entry into a Material Definitive Agreement, Financial State.. Barrington Research Ups Price Target on Heritage-Crystal Clean to $46 From $45, Keeps O.. Baird Adjusts Heritage-Crystal Clean Price Target to $43 From $42, Maintains Outperform.. Needham Adjusts Heritage-Crystal Clean Price Target to $41 From $40, Maintains Buy Rati.. Transcript : Heritage-Crystal Clean, Inc, Q4 2022 Earnings Call, Mar 02, 2023, Heritage-crystal Clean : Q4 Earnings Snapshot, President, Chief Executive Officer & Director, Chief Financial Officer & Executive Vice President. Marubeni : Distribution Agreement with LineVision to Improve Efficiency of Transmission Li.. Executive Officer & Manager-Corporate Planning. Serving clients since 1992, HOBIs IT services group focuses on corporate IT, data and telecommunications infrastructure, providing resale and re-marketing, data erasure and data destruction, recycling, environmental and compliance reporting, de-installation services, and logistics management.
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