Media Release: Scotland’s Redeem… now estimated to be UK’s fastest growing mobiles recycling company

Redeem_CIWM_Fast_30

REDEEM Ltd has been named as the UK’s fastest-growing recycling company.

Redeem is a WEEE recycler of used electronics for mobile network operators (MNO) and corporate clients in nine European countries. The company specialises in making corporate social responsibility (CSR) easy for their clients and is a leader in driving sustainable business growth through innovation, empowerment and ethics.

The company has jumped from sixth place last year to take the No. 1 slot in this year’s CIWM*’s Waste Fast 30 list, compiled by Catalyst Corporate Finance.

Redeem refurbishes and resells or recycles high volumes of a wide range of IT and electronic equipment including mobile phones, tablets, MP3 players, sat navs, digital cameras, consoles, laptop computers, printer cartridges and games. Re-used electronic items are security and theft checked, data cleansed and sold in accordance with current legislation. Redeem has certified ISO 9001 & 14001 compliance as a specialist waste carrier and has won a number of local and national business awards.

The company is looking forward to future robust growth as smartphone and tablet computers make further inroads into traditional PC and laptop sales, and the arrival of superfast 4G products ushers in a new era for mobile handheld devices.

Claes Svensson, CEO of Redeem, commented on the company’s top position: “I am delighted that Redeem has taken 1st place in the Waste’s Fast30 chart. Redeem operates in a market segment predicted to show substantial growth as corporates and consumers become increasingly aware of the environmental and economic benefits of electronics recycling.

“Redeem is an industry leader in environmental and marketing services for MNOs and corporates in the UK and increasingly in Continental Europe. The company has a history of innovation in providing sustainable solutions for its business partners. I am looking forward to continuing to oversee ambitious growth at Redeem and forging new partnerships which will deliver environmental benefits to clients whilst adding value to the customer lifecycle.”

CIWM’s Waste Fast 30 Selection Criteria

Catalyst Corporate Finance ranks the fastest growing privately owned waste services businesses in the UK by revenue growth to compile the CIWM’s Waste Fast 30 from UK registered private, independent and unquoted waste services companies with revenues in excess of £7.5 million for the most recent financial year. It includes entities that are part of wider corporate groups if more than 50 per cent of the total group revenues are generated from waste-related activities. Entrants are required to have filed three consecutive years of audited accounts at Companies House.

* CIWM – Chartered Institution of Wastes Management (CIWM) is the professional body which represents over 7,000 waste and resource professionals working in the sustainable waste and resource management sectors predominantly in the UK but also overseas.

ENDS

For Further Information Contact Redeem:

Sophie Gray, Group Head of Marketing +44 (0)1324 678 966, or email sophieg@redeem.co.uk

About Redeem

The Redeem group, founded in 1991, is an international environmental marketing services company. With 150 employees in Scotland, England and Hong Kong, the group provides sustainable, data secure, recycling services to MNO and corporate clients in nine European countries.

Redeem’s international clients includes mobile network operators, wholesalers, retailers, charities and direct consumers, such as O2 (Telefonica UK) and Sainsbury’s.

Redeem refurbishes and resells or recycles high volumes of a wide range of IT and electronic equipment including mobile phones, tablets, mp3 players, sat navs, digital cameras, consoles, laptop computers, printer cartridges and games.

All devices are reused or disposed of in accordance with the WEEE directive. Re-used items are security and theft checked, data cleansed and sold in accordance with current legislation.

Redeem has certified ISO 9001 & 14001 compliance as a specialist waste carrier and has won a number of local and national business awards.

Working with Redeem, O2 Recycle achieved the world record for the largest number of mobile phones to be recycled in one day (Guinness Book of Records).

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Contact: Sophie Gray, Group Head of Marketing at Redeem
Phone: 01324678966
Email: sophieg@redeem.co.uk
Website: http://www.redeem.co.uk/