Manbat bought by lead giant

manbat management
Ltor: Roger Pemberton, Steve Sheppard and Myles Pemberton

Manbat has been sold to lead giant Eco-Bat Technologies, CAT has learned.

The family-owned Varta distributor and owner of the Numax battery brand was acquired by the Matlock-based company in August for an undisclosed sum.

Eco-Bat is thought to produce a quarter of Europe’s recycled lead.

The decision to sell the majority stake in Manbat comes after the company embarked on an ambitious £20 million growth plan earlier this year.

The move will allow these long-term business goals to be accelerated to the short to medium term, a spokesman told CAT.

It will also see executive chairman Roger Pemberton taking a step back from the company to pursue retirement plans, although he retains a seat on the Board.

Manbat’s existing management team, led by managing director Steve Sheppard, will remain in place.

Since January, Manbat has signed an official supply deal with Johnson Controls for Varta, expanded its presence in the leisure battery market, secured the exclusive rights to the Lucas battery name and moved its Sunderland depot to larger premises.

More detail and analysis coming soon…

Published by emmabutcher

Emma has been CAT's editor since January 2008. There isn't much she doesn't know about the aftermarket - and her favourite topic is definitely BER!

EAG UPGRADES WAREHOUSE MANAGEMENT

Leeds-based firm install MAM warehouse management system

Read More

SEMI-AUTOMATED BATTERY ASSEMBLY LINE ESTABLISHED

Comau UK chosen to implement highly automated production

Read More

ECP START ELECTRIC VAN TRIAL

A pair of electric vans have joined the fleet at Euro Car Parts’ Isle of Wight branch.

Read More

CAT CONVERSATIONS: GARAGE OF TODAY, TOMORROW AND THE FUTURE

Don’t miss out, sign up to CAT’s latest webinar on 21st April right now

Read More

£10 MOT OFFERED BY AGGREGATORS

GoCompare has struck a deal with garage comparison site Who Can Fix My Car

Read More

Go to comments

Your email address will not be published. Required fields are marked *