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Foxway completed the acquisition of Greentech.

Synopsis

Foxway, one of the largest specialists in IT lifecycle management in Northern Europe, completed the acquisition of Greentech, an IT lifecycle business in Norway. Financial terms were not disclosed. "We are thrilled to have so many experienced and highly skilled experts joining Foxway, which will further strengthen our capabilities in this growing market. Greentech is known for its high-quality operations, and for being one of the pioneers within the reuse, recycle and recommerce industry in Europe. Greentech’s management have a stellar reputation for upholding the best quality in its operations, and for proving how sustainability and profitability is the cornerstone of a circular business model," Martin Backman, Foxway Group CEO.

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