Skip to main content

Capital injection for French mobile phone collector

France – Now in its second year, Mister Recycle – a French venture to collect, reuse and recycle mobile phones – has raised Euro 1.5 million in funding from two investment firms.

The Paris-based company receives some 80% of its phones via its internet channel as well as from its range of collection points, paying the owner a small fee in exchange. According to CEO Stéphane Roder, the firm achieved a turnover of Euro 2 million in the second half of 2010 and has set itself the target of a Euro 50 million turnover by 2014. ‘Our goal is to be Europe’s leading mobile phone recycling and electronics recycling company,’ says Mr Roder. ‘We recycle the iPod already, and soon the iPad and PC.’


Mister Recycle’s founders Stéphane Roder, Marc Thoumyre and Jean-Benoit Piot still hold the majority stake in the business despite the funds injected by Cape Horn and Promelys Holdings. Employing some 10 people, the firm ‘works with many sub-contractors, such as SBE, one of three major repair firms, based in Boulogne-sur-Mer, which provides sorting, tests and repairs,’ Mr Roder explains. ‘This allows us to focus on marketing, site management and organisation of logistics.’


Mister Recycle wants to move quickly into other markets, first targetting Belgium and Spain for this summer, and then 10 other countries by June next year.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

UN reports record figures for e-waste
E-scrap plastics recyclers appeal for help

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €136 (normal rate is €170) Subscribe
Share your shear stories and win a GoPro!

It’s safe to say that scrap shears are the pillars of the recycling industry. But which configurations are the future? Take part in our tech survey and get a shot at winning a cool GoPro camera!

Thousands of scrap shears are driving recycling businesses all over the world. When it comes to different types, an operator may opt for maximum tonnage or flexibility, such as a mobile set-up. An integrated baling system is also gaining popularity. Ultimately, there is no wrong or right shear; it comes down to how you’re going to use it.

Our survey is meant to map the wants and needs of today’s dynamic recycling industry. Voice your opinion here and, who knows, you may be able to capture your recycling facility in action in HD.

TAKE SURVEY!