Acuity facilitate Redeem Ltd management buy in

assisted by Type: Management buy in

Redeem Ltd is an international leader in the recovery and recycling of used mobile phones, print cartridges and other electronic devices

Operating in Europe and Asia, Redeem has experienced 100 per cent growth this year, with turnover now in excess of £20 million per annum.

Redeem currently works with some of the UK’s and Ireland’s largest brands to offer innovative customer recycling programmes, including network operator O2 and retailers Boots and Sainsbury’s. With ambitious plans to grow the business, the new management team will focus on existing markets, including network operators and mobile retailers in the UK and Europe. This will be supported by expanding the company’s product recycling portfolio to support the global expansion in new consumer products such as smart phones, and tablets. Scottish based Redeem, which will retain its headquarters in Falkirk , was originally established in 1999 and has grown from a UK-based printer cartridge recycling business to an international multi-device recovery and recycling specialist.

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