Italy – Stena Technoworld has acquired fellow Italian electronics recycler SIRA srl.
‘The acquisition creates strong synergies and enhances our efforts to develop the market’s best solutions for electronics producers in Italy and the rest of Europe,’ says Roberta Marchesi, Managing Director of Operations at Stena Technoworld which boasts 27 facilities in 10 countries. Alexandre Comino, Managing Director of Stena Technoworld, adds: ‘The important thing is to offer customers the best electronics recycling solutions financially as well as in terms of innovations, the environment and safety. The acquisition of SIRA reinforces this. Our collective production and expertise around Europe is a major asset for customers in each market.’
Since being formed in 1997, Fossò-based SIRA srl has undergone substantial expansion, focusing most of its operations on the recycling of refrigerators, air-conditioning equipment, computers, televisions and other monitors. The company has also co-operated with leading producer alliances in the market.
Electronics is the fastest growing waste category in the EU: every year over 9 million tonnes of electronics are thrown out, of which 33% is collected, according to official figures. ‘In other words, there is a lot more to be done to fully utilise this resource,’ says Mr Comino.
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