Independent Batteries Ltd ceased trading on 15th March 2010 following a breakdown in negotiations with Moura Batteries of Brazil to acquire the business.

Andy Brook-Smith said: “To ensure the very best return for the creditors the directors of IBL decided to look for a company who could offer our customer base continued supply of product, warranty cover, brand of battery and contact. Following discussions with various companies the directors of IBL felt UK Batteries provided the best solution.”