SYS-CON MEDIA Authors: Carmen Gonzalez, Elizabeth White, Doug Masi, Mat Mathews, PR.com Newswire

News Feed Item

The Sunday Times HSBC International Track 200 Inspires Mobile & Electronics Recycler Redeem into Further Global Expansion

Mobile and electronics recycling specialist Redeem Holdings Ltd enters The Sunday Times HSBC International Track 200 league table at position 55. The Sunday Times HSBC International Track 200 (2014) ranks Britain's mid-market private companies with the fastest-growing international sales, measured over their latest two years' available accounts.

Now the company is setting up a Middle East region office based in Dubai, UAE. Headquartered in the UK, Redeem currently operate in 23 countries on three continents with regional offices in Iberia (at Madrid, Spain); Nordic/Balkans (in Estonia), while Redeem Asia operates out of Hong Kong.

Claes Svensson CEO of Redeem says, “I am delighted that Redeem has been recognised as one of the top 200 fastest growing private companies in the UK, based on international sales. This achievement is down to the dedicated hard work and entrepreneurial flair of our team. We deliver market-leading buy-back, trade-in, refurbishment and recycling for mobile operators, retailers, corporates and consumers across Europe.

“The Redeem Group is a global leader in recommerce (recycling and take-back management) of mobile and electronic products. Redeem’s success is based on adding significant value to mobile network operators (MNOs) and large corporates, whilst simultaneously removing the burden of administering large scale mobile and electronics recycling and recommerce schemes.”

“Our unique business model adds value to both mobile network operators (MNOs) and mobile retailers, plus their customers who get the optimum price for their used handsets when they trade them in. This business model has already translated into 23 countries. This prestigious recognition of our work by The Sunday Times HSBC International Track 200 has further inspired us to seek new sales channels in new markets across the world. And we look forward to celebrating with the other companies on this list.”

Following the recent acquisition of Envirofone, the well-known mobile recycler for consumers, Redeem is the UK’s largest mobile recycling company based on volume. The Redeem Group also includes the corporate electronics recycling specialists, EMC Europe Ltd.

Redeem’s recycling ensures that zero waste goes to landfill. The processes are fully audited and certified to meet requirements of the WEEE Directive and CSR programmes.

ENDS

PICTURE: Sunday Times HSBC International Track 200 logo here

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.