The electronics recycling firm eCycle Solutions, based in Toronto, has signed a definitive agreement to acquire the assets of Centre de Recyclage Électronique de la Montérégie (CREM), a Quebec-based electronics recycling firm.

Upon closing, CREM will operate collection and consolidation activities from its two Quebec facilities in Montreal and Quebec City. The processing will be performed at eCycle’s facility in Salaberry-de-Valleyfield, Quebec.

“We are very excited to add CREM’s strong market presence in Quebec to strengthen the overall eCycle offering,” says Jeff More, president andCEO of eCycle. “CREM’s collection infrastructure and customer base, combined with eCycle’s world class Valleyfield facility, creates a leading Quebec-wide solution for electronics recycling."

“Electronics recycling is a rapidly expanding market and the needs of customers are growing at an ever increasing rate,” says Jason Taite, president of CREM. “With the emergence of the Quebec electronics stewardship program in the next few months, our combined capabilities will allow us to best service the needs of our customers.

ECycle Solutions operates secure processing facilities in British Columbia, Alberta, Ontario, Quebec and Nova Scotia. The company works with electronics stewardship programs, OEMs, retailers and ICI customers throughout Canada.