BEST Magazine
3 September 2026
Lyten named preferred bidder for bankrupt Morrow Batteries
Why It Matters for ITAD
New technologies may create opportunities or challenges for equipment processing.
US battery company Lyten has been selected as preferred bidder for the business of bankrupt Norwegian cell manufacturer Morrow Batteries. The bankruptcy estates of Morrow Batteries, Morrow Technologies and Morrow Industrialization Center signed a memorandum of understanding with Lyten and secured creditor Innovation Norway on 21 August. The proposal is structured as an asset sale…
Key Takeaways
- • Lyten named preferred bidder for bankrupt Morrow Batteries.