In just a short time, US headquartered Paladin EnviroTech has positioned itself as a fast growing and ambitious player in the global IT asset disposition (ITAD) and electronics recycling space. The company is busy setting op new collection and processing hubs in the US and Europe.
Paladin is the new kid on the electronics recycling block. What began as a relatively new, private equity-backed platform is transforming into a fully integrated, international operation driven by acquisitions and investments in collection infrastructure.
‘We’ve only just begun but we’re already witnessing fast business growth,’ says the company’s chief operating officer Bill Vasquez. In recent months, Paladin has been rolling out a network of recycling and collection hubs across the US. It realised this through the acquisition of existing businesses in Florida, Maryland and Minnesota, among other States.
ATLANTIC DRIFT
Meanwhile, Vasquez and his team have been busy seeking new frontiers in Europe. In January, Paladin acquired R&L Recycling of the Netherlands. The company is based in the Eindhoven region in the south of the country. Here, R&L processes laptops, servers, cables, chargers and printed circuit boards and specialises in reuse and secure data destruction.
R&L Recycling was founded 25 years ago by Raymond van Melis and has built a strong reputation in responsible recycling and materials recovery. Following the acquisition, R&L will continue to operate under its existing name, with the current management team remaining in place. This includes operational and logistics manager Horst Prinsen.
IRISH EYES
Paladin’s first foray into the European market was followed in February by the acquisition of a second European hub, ICT of Dublin, Ireland, believed to be the country’s first R2-certified IT Asset Disposition (ITAD) provider.
‘This acquisition strengthens our ability to support customers in Dublin, the EU’s “data centre capital”, and across Ireland,’ says Paladin’s ceo Brian Diesselhorst.
‘Along with the rapid expansion of data centres and cloud infrastructure, there is fast growth in decommissioned hardware, servers, storage systems and networking equipment that must be processed securely and sustainably,’ adds Bill Vasquez.
‘By targeting key locations like Dublin, Paladin is positioning itself at the centre of this emerging wave’.
JOINT VENTURE
Back in the US, Paladin has set up a joint venture with Critical Materials Recycling (CMR), under the name Recapture. The partnership is dedicated to collecting and recycling rare earth metals from consumer, automotive and industrial electronics.
‘This represents a major advance in critical materials management, merging CMR’s expertise in advanced material recovery with Paladin’s innovative environmental technology platform and global collection network’.
Recapture’s expertise is combined with Paladin’s collection system to recover critical materials ‘efficiently and sustainably’.
For more details, visit: www.paladinenvirotech.com
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