Maxus Technology Corp. announced the completion of its acquisition of UDT Korea Corp., a leading provider of specialty e-Waste Solutions in the Asian marketplace.
UDT Korea will be operated as a standalone business as part of the Maxus Technology eWaste Solutions Group.
UDT KOREA provides secure and complete destruction of highly sensitive proprietary technology. UDT was founded in 1996 and is privately owned. The company had annual revenues in excess of $2 million USD for its fiscal year ended December 2003.
"We are excited about the synergies between Maxus Technology and UDT Korea," said David Smith, CEO of Maxus Technology Corp.
Get curated news on YOUR industry.
Enter your email to receive our newsletters.
Latest from Recycling Today
- Republic adds electric trucks, new landfill gas projects in 2024
- Lindemann proposes equipment service subscriptions
- GMS receives Hong Kong Convention certification for vessel
- Nucor still chasing 2024 profit levels
- FZUK announces new commercial director
- ReMA toolkit helps members illustrate the impact of the recycled materials industry
- Nidhi Turakhia to receive ReMA Great Lakes Regional Robin K. Wiener LAKES Award
- Algoma Steel seeks government funding