According to recycler Redeem, this strategic acquisition will extend Redeem's capabilities and offer an even broader range of services to partners across the UK and Europe. Major manufacturers and network service providers will benefit from enhanced services in the recycling and re-use of end of life mobile phone products.

Redeem continues to expand through Europe, with a new office just opened in Rome that will see the company partner with Italy's largest telecoms provider Telecom Italia, to provide full end of life recycling solutions.

Jamie Rae, Chief Executive of Redeem comments: ‘These are exciting times for our business as we continue our growth in the market. This acquisition significantly strengthens our position and the services we can offer particularly to network providers and the wider OEM sector in the UK and across Europe. The opening of our first Italian office also signifies our commitment to expansion in Europe.’

‘Redeem remains committed to providing an environmentally safe and commercially attractive end of life solution for greater numbers of mobile phones and plans to increase the number of organisations that the company's recycling initiatives support across the UK and Europe.’

Acknowledgement

www.redeemplc.com