Based in Birkerød, Denmark, Combineering has been developing specialised recycling solutions for four decades, with the aim of maximising recycling rates, minimising waste, reducing CO2 emissions, and closing the loop for its customers.
Based in London, United Kingdom, Reconomy is the market-leading provider of outsourced services to drive the circular economy - including waste and resource management, recycling services and environmental compliance.
Combineering’s strong presence across industries including agriculture, energy, biogas, manufacturing and construction will compliment Reconomy Group’s existing ‘Recycle’ vertical and circular economy capabilities, whilst adding further specialist expertise and greater reach built on long-term customer relationships in several countries. Combineering will continue to operate as a distinct brand within Reconomy Group and have the benefit of access to a much broader set of sustainable products, technologies and services.
In a press release, chief executive director of Reconomy, Guy Wakeley, concludes: “Enabling the circular economy for businesses around the world is the reason that Reconomy exists. Decoupling economic growth from the consumption of natural resources is a fundamental need for the 21st century and Combineering brings important proprietary capability to pursue this purpose and drive great ESG outcomes for our customers. Their history of invention, agility and innovation matches perfectly with our core values, and we are delighted to welcome the entire Combineering team into Reconomy to join us in the next exciting phase of our journey”.
Read more about the transaction at Børsen.dk (for subscribers only).
