
Olivier Le Moal | stock.adobe.com
Ecogensus, a Connecticut-based provider of sustainable waste-to-value solutions, has announced the acquisition of two advanced material recovery facilities (MRFs) in growing U.S. markets. The specific locations and names of the facilities were undisclosed.
The company says the modern design and capacity of the facilities support its technology-driven recycling model, adding that this strategic move marks a pivotal step in its U.S. expansion, positioning it to operate and enhance these facilities as fully integrated recycling hubs.
“This acquisition is an exciting and significant step for Ecogensus,” says Bjornulf Ostvik, CEO of Ecogensus. “We’ve secured modern recycling infrastructure with established historical customer bases and skilled teams, enabling us to fast-track our vision for sustainable waste management. The acquisition acts as an accelerator for us in laying an infrastructure foundation in the U.S.”
RELATED: Ecogensus device converts waste into solid fuel
Structured as an asset purchase, the transaction included critical operational infrastructure such as buildings, advanced recycling machinery and various wheeled assets. Ecogensus says it will retain existing staff and leverage the facilities’ operational expertise to serve as a launchpad for its deployment of 1,500 Rhino Recycler 5000 Series units in the mainland U.S.
Ecogensus provides sustainable resources, synthetic materials and process technologies for industries including consumer goods, the power sector, building materials/construction, wastewater and waste management.
Get curated news on YOUR industry.
Enter your email to receive our newsletters.
Latest from Recycling Today
- Ewaste+ acquires Take 2 Recycling
- Constellium partners with Tarmac Aerosave to recycle aluminum from end-of-life aircraft
- Turmec will supply equipment to New Zealand MRF
- ATI starts up titanium sheet production
- Eriez adds ASEAN region manager
- Cyclic Materials invests $25M to launch rare earth recycling R&D site in Ontario
- Smurfit Westrock publishes first sustainability report
- Novelis partners with Meadow