Kuusakoski completes acquisition of Vintage Tech Recyclers

Kuusakoski Recycling, the U.S. subsidiary of a Finnish recycling firm, has signed an agreement to acquire the remaining shares of its joint venture partnership from Vintage Tech Recyclers Inc., headquartered in Romeoville, Illinois. The companies say the combination will merge processes with customer service expertise.

“Vintage Tech and Kuusakoski are an excellent strategic fit for our customers with the unique combination of great brands, processes and people,” says Karrie Gibson, Vintage Tech Recyclers Inc. founder and CEO. “This is the next planned step in combining Vintage Tech’s decade of customer service expertise, best-in-class collection infrastructure, asset management and OEM services with Kuusakoski Recycling’s state-of-the-art processing and materials management system and global reach.”

In a joint news release, the two companies say they will provide customers with a wider range of products and services, including:

• operations and supply chain capabilities that will be stronger and better positioned to drive outstanding quality service and efficient materials processing;
• a one-stop global resource for the electronic recycling and refurbishing needs of customers; and
• enhanced customer relationships and responsiveness caused by combining both companies’ sales, marketing, supply chain and customer service teams.
   

“We are very excited about the opportunity to take the next step in our partnership and continue on our growth journey for our business and people,” says Rich Hipp, Kuusakoski U.S. president and CEO. “The U.S. market is clearly under tremendous pressure. We strongly believe our combined resources of technology, people and capital investments will allow us to be capable of delivering tremendous value to our mutual customers.”

Kuusakoski U.S., Plainfield, Illinois, is a part of Finland’s Kuusakoski Recycling, which was established in 1914.

Vintage Tech operates electronics recycling services in six locations: Romeoville and Plainfield, Illinois; Rancho Cucamonga, California; Riverside, Missouri; Canton, Michigan; and Philadelphia.