Mainz/Paris — The Landbell Group, one of Germany’s leading compliance and waste disposal specialists, and European Recycling Platform (ERP) SAS have announced that the Landbell Group will become a shareholder of ERP. The companies join forces to create a unique high-quality, one-stop-shop compliance and recycling service enabling customers to comply with various legal regulations worldwide.
„For Landbell Group this acquisition of shares is an important step in our ongoing pursuit to provide comprehensive and quality recycling solutions to both existing and new customers in Europe“, says Jan Patrick Schulz, CEO of Landbell Group. „With its best-in-class, scalable cross-border compliance and recycling solutions ERP is the ideal partner for us.“
„Today marks a key milestone in the lifetime of ERP“, says Umberto Raiteri, CEO of the European Recycling Platform. „We should be very proud of all our achievements to date and with the Landbell Group we will have a shareholder that is committed to investing both strategically and financially in the global growth of the company.“ Currently, ERP offers recycling and compliance services for WEEE, batteries and packaging to more than 2,500 customers in 32 countries across the globe.
ERP was founded in December 2002 by Hewlett-Packard, Electrolux, Sony and Procter & Gamble in response to the introduction of the European Union’s Waste Electrical and Electronic Equipment (WEEE) Directive. „We have achieved our mission to develop high-quality, cost-effective recycling services and to bring competition to WEEE and battery recycling in Europe“, says a representative of the founders of ERP. „We have selected the Landbell Group not only due to their proven record of doing business according to our original mission, but also because of their experience and strategic interest in the recycling business. As shareholders and customers of ERP we will continue to support the Landbell Group to establish ERP as a leading provider of waste management solutions across Europe and beyond.“
ERP will maintain its own brand identity and all employees will remain within the organisation. Together, Landbell Group and ERP are in a position to offer innovative and comprehensive compliance services at competitive prices, thus enabling customers to focus on their core business. They will also benefit from the additional services and experience brought by Landbell Group in the take-back and recycling of additional waste streams.
Source: European Recycling Platform