Announced
Completed
Financials
Tags
Cross Border
IT recycling
Single Bidder
Majority
Environmental / Waste Management
Completed
Private
Acquisition
environmental services
Friendly
Canada
Synopsis
JX Nippon Mining & Metals, a supplier of consumable electronic materials, completed the acquisition of eCycle Solutions, an IT recycling firm, from Horizon Recycling, a waste management services provider. Financial terms were not disclosed. The transaction will enable JX to collect and process more recyclable materials, in support of its sustainable global economic development mission. The acquisition will also help to ensure procurement of recycled materials in North America over the long-term for JX, and allows JX to support the circular economy and strengthen relationships with manufacturers of electronic devices in utilizing recycled materials.
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