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E-waste recycler GEEP acquired by shareholding firm

Canada – Prominent global electronics recycling specialist GEEP has been taken over by The Giampaolo Group of Companies. Through its subsidiary Triple M metal, the latter had previously owned a significant share of GEEP Holdings and now has acquired the balance of the shares.

Prominent global electronics recycling specialist GEEP has been taken over by the Giampaolo Group of Companies. Through its subsidiary Triple M Metal, the latter had previously owned a significant share of GEEP Holdings and has now acquired the balance.

The company is one of the largest, most technologically advanced, integrated, e-waste asset management companies in the world. With proprietary software and equipment as well as a strict adherence to ISO and R2 standards, GEEP recycles electronic waste into commodities with a zero-landfill objective. Headquartered in Barrie, Ontario, Canada, GEEP operates 14 locations in Canada, the USA, Costa Rica and Europe, with affiliations also in Asia and Mexico. According to a GEEP spokeswoman, the company will be furnished with the resources to continue its global growth plan.

‘GEEP has always been an important part of our business model and now we will see it as a way to grow our business, both by product/service offering and geographical locations,’ comments Joe Caruso, CEO of the Giampaolo Group of Companies – a fully-integrated metal management company including Triple M Metal, which is one of North America’s largest ferrous and non-ferrous metals recycling operations.

 

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