Itelyum completed the acquisition of Intereco.

Itelyum, a group specialized in the management, recycling and enhancement of industrial waste, completed the acquisition of Intereco, a provider of waste management service. Financial terms were not disclosed. “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 action plan for the circular economy, 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. Like Itelyum, we will continue in our mission of cultivating synergies and professionalism to give the right support to the development of sustainable industry," Marco Codognola, Itelyum CEO.