All the last moves of Itelyum
Shopping at Itelyum. The player active in the management, recycling and valorisation of industrial waste has completed the closing for the acquisition of Intereco, a company that deals with the recycling and valorisation of special industrial waste, both hazardous and non-hazardous.
All the details.
Itelyum expands its geographical presence by acquiring Intereco, a company based in Fiorano Modenese, born over 20 years ago and now a reference reality within the ceramic district of Sassuolo and in general of the Emilia-Romagna industrial companies.
WHAT ITELYUM ACQUIRED
Thanks to the closing, Itelyum acquires two storage and treatment plants and a fleet of over 20 vehicles.
THE LATEST MOVES
This is not the first acquisition of the year for Itelyum. Last February the company acquired the Idroclean group from Casirate d'Adda and the Umbrian company Carbonafta.
The group currently manages over 1 million tons of special waste, generating revenues for a total of 340 million euros, with over 600 employees and more than 20 operating sites.
THE COMMENT OF MARCO CODOGNOLA
“A further step forward in support of a sustainable production system. We not only reach larger market shares, but we can offer optimal environmental solutions for the circular economy sector. The strategy and priorities proposed for the European Green New Deal and the new circular economy action plan, which focus on the use of sustainable sources especially in resource-intensive industries, require eco-innovative solutions and products. , efficient processes and services in order to activate an effective "metabolism" of waste. As Itelyum we will continue in our mission to cultivate synergies and professionalism to give the right support to the development of the sustainable industry ", commented Marco Codognola, CEO of Itelyum.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/circular-economy/rifiuti-speciali-itelyum-acquisisce-intereco/ on Wed, 08 Jul 2020 02:38:52 +0000.