Retriev Technologies Company Profile: Acquisition & Investors | PitchBook Retriev Technologies General Information. Retrievs newly combined offering has the expertise and infrastructure to develop customized solutions for both large and small customers that simplifies the collection process and reduces the conversion time. 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. Recognizing the rapid . Retriev Technologies is a battery recycling and management company. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Delayed Japan Exchange Your email address will not be published. Retriev Technologies serves clients operating in the industrial, electronic, and automotive industries. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. KBI is the ultimate downstream recycler that the industry trusts. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Retriev Technologies. Retriev Technologies acquired 2 companies. KULR Technology Group Inc. (NASDAQ: KULR) stock surged by 2.53% at last close while the KULR stock-price gains by 1.48% in the after-hours trading session after its business partner Heritage Battery Recycling has signed an important merger deal with Retriev Technologies. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. Founded Date 1965. Ohio, United States of America (2 factories . Subsequent premarket fluctuations have seen the stock surge by 1.48%, bringing it up to USD$2.06. This development results from the companys merger with Retriev Technologies. Win whats next. This process is well suited to lithium primary batteries, which contain . Description. The Retriev facility in Canada is R2 and ISO certified. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. Also included in the transaction is KBI's xEV Strategies division. Act Now and Secure Your Future in Green Energy! Retriev Technologies - Overview, News & Competitors | ZoomInfo.com Analyst Briefing Submitters are 7x more likely to receive a qualified connection. 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. Investors. 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. Retriev has a well-respected track record of recycling LiB for over 20 years and has processed over 25 million pounds of batteries, displaying their unwavering commitment to best practice recycling solutions and management. The companys Safe Case operates in conjunction with the U.S. Dept. Combined Offering Creates Recycling Solution for Industry and Consumers Enabling a Circular Supply Chain Opportunity. 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. Next-generation carbon fiber heat management solutions for batteries and electronic systems are developed, manufactured, Learn more at: http://www.retrievtech.com. ", Recognizing the growing market demand for safe, sustainable solutions for batteries, Jeff Laborsky, CEO of Heritage Environmental Services, set his sights on Retriev as the ideal technology partner to complement HES's core competency in materials handling. 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. Secure and increase the performance of your investments with our team of experts at your side. RVP | Complete Retractable Technologies Inc. stock news by MarketWatch. Funding, Valuation & Revenue. KULR stock has reported a strong quarter, the momentum of which it hopes to carry on through the upcoming quarters. 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. Retriev's primary competitors include Battery Solutions, Li-Cycle, Aqua Metals and 10 more. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. While a new recession may strike a particular industry, measuring the industry and company's . With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. 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 current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. Did Anything Boost Pliant Therapeutics (PLRX) Stock In Extended Trading? Related Stocks. As continuous growth is expected for the LiB market, proper EOL LiB waste management is one of the most critical global challenges for improving the sustainability of the battery supply chain. Our extensive network has coast-to-coast coverage with battery experts to help you navigate the challenges of this expanding sector. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". KULR Technology Group Inc. (KULR) stock prices were up by 2.53% as of the market closing on October 6th 2021. 0.03 . Additionally, the Marubeni Group offers a variety of services, makes internal and external investments, and is involved in resource development throughout all of the above industries. 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. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. Marubeni has grown its presence in the battery industry through such initiatives as acquiring exclusive sales rights to Zambian cobalt in Japan, which it has maintained since 1985, and trading of other critical raw materials for the battery industry. 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. HOBI, with nearly 30 years of ongoing related experience, is dedicated to be part of the solution managing these devices and products at the end of their first or second life, said Craig Boswell, President of HOBI. Retriev Technologies - Products, Competitors, Financials, Employees Retriev Technologies Combines with Heritage Battery Recycling, Creating the Largest Lithium-Ion Battery Recycler in North America Oct 6, 2021 North America Lithium-ion Battery Recycling Market 2020-2027 with American Manganese, Eco-Bat Technologies, International Metals Reclamation Co, Li-Cycle, Retriev Technologies, TES Dominating You can read more about your cookie choices at our privacy policyhere. 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. The company will also provide safe transportation logistics to the partnering companys battery collection operations across North America. Copyright 2023 Surperformance. Retriev Technologies Inc. Overview | SignalHire Company Profile This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain.. Recognizing the rapid expansion and projected growth of the EV market, the goal of this relationship will be to ensure that the lithium batteries used in EVs are collected and responsibly recycled in a manner that creates value within the battery industrys circular economy. Retriev Technologies Inc. : and HOBI International, Inc. Announce New Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky Retriev Technologies Inc - Company Profile and News Retriev Technologies Jobs & Careers - 14 Open Positions Why Has The Steakholder Foods (STKH) Stock Price Gained 6% After-Hours? The company currently specializes in the Environmental Services, Renewable Energy Equipment & Services areas. We also specialize in economic news. 2023 PitchBook. Kristy Finch Delayed Nasdaq Retriev, a global leader in battery management and recycling, has been at the forefront of environmentally safe and responsible recycling technology for decades, processing over 30 million pounds of lithium batteries over the last 25 years. "Retriev has processed more lithium-ion batteries than any other participant in this market. Adding HBR and its affiliation with Heritage's environmental services expertise and network of fully permitted collection facilities and transportation assets will allow us to further differentiate Retriev as a single solution for all battery management needs.". Retriev Technologies Inc. and Marubeni Corporation Announce Strategic The deal expanded Retrievs collection and transportation network through partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean. Provider of battery recycling and management services to corporations, government entities and consumers. Battery Solutions has a strategic national footprint with an expansive portfolio that services the entire end-of-life battery life cycle for EVs, telecommunications, consumer collection, waste management sectors and more. 12 Best Lithium Recycling Stocks Never Miss to Consider - Top1 Insights The transaction included participation from new investor, Heritage-Crystal Clean, Inc The stock is now priced at $10.20, and its average price target of $13.83 indicates a potential upside of 36 percent over the next 12 months. This development results from the company's merger with Retriev Technologies. 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, Battery Solutions. Canada (1 factory) The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. The transaction included participation from new investor, Heritage-Crystal Clean, Inc. HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. "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. Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. Retriev Technologies. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Marubeni Corporation and Retriev Technologies Inc. have entered into a Strategic Partnership Agreement with the aim of developing a new circular business for End-of-Life Lithium-ion batteries. Under the strategic partnership, Marubeni and Retriev will develop a circular business model for Battery to Battery Closed Loop Recycling(*3) in the battery industry, and contribute to improving the sustainability of global society through the development and promotion of new circular businesses in the market. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Paired with Heritage's collection and transportation network via partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean, the collaborative operations moving forward represent the only comprehensive logistics, recycling, and reuse platform available in the industry today. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. INDIANAPOLIS, Oct. 6, 2021 /PRNewswire/ --Today Heritage announced the combination of Heritage Battery Recycling, its battery management and recycling business, with Retriev Technologies, the largest and most diverse lithium-ion battery processor in North America, with over 30 years in operation. Amount. For more information, visit https://batterysolutions.com/. Electric Vehicle Battery Recycling Market to Reach $2.27 Bn - Insider Heritage-Crystal Clean, Inc. Announces Investment in Battery Recycling Learn more. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. . Lancaster, OH Easy Apply 30d. The lithium-ion battery market size will continue to be driven by the proliferation of electric vehicles, along with declining prices of lithium-ion batteries. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. By continuing to use this site you are consenting to these choices. Retriev's Competitors, Revenue, Number of Employees, Funding Adding HBR and its affiliation with Heritage's environmental services expertise and network of fully permitted collection facilities and transportation assets will allow us to further differentiate Retriev as a single solution for all battery management needs.". View real-time stock prices and stock quotes for a full financial overview. 2 Fundings. Shane Thompson will serve as President of the combined company. Your email address will not be published. Discovery Company profile page for Retriev Technologies, Inc. including technical research,competitor monitor,market trends,company profile& stock symbol For more information, visit www.retrievtech.com. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Marubeni Corporation and Retriev Technologies Inc. have entered into a Strategic Partnership Agreement with the aim of developing a new circular business for End-of-Life Lithium-ion batteries. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Announce New Collaboration for Collection of EV Batteries. Copyright 2023 CB Information Services, Inc. All rights reserved. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. Secure and increase the performance of your investments with our team of experts at your side. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. Retriev Technologies Inc. is a private company that has been in the industry for 38 years. 34.70. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. KBI is the ultimate downstream recycler that the industry trusts. 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.