Paladin EnviroTech expands to Europe with acquisition

Paladin EnviroTech, a Tampa, Florida-based provider of information technology asset disposition (ITAD), electronics recycling and critical material recovery solutions, has acquired R&L Recycling B.V., a Helmond, Netherlands-based recycler with more than 25 years of experience in sustainable materials recovery and ITAD services. Financial terms of the transaction were not disclosed.

Paladin was formed in mid-2025 by SER Capital Partners (SER), a private investment firm with offices in New York and California that is dedicated to sustainability, and Daeheung Recycling South Korea. Immediately upon its formation, Paladin completed its first two acquisitions of regional electronics recycling businesses: TechSmart International of Florida and Integrated Recycling Technologies of Minnesota.

The purchase of R&L Recycling is Paladin’s first acquisition in Europe. It also marks a major milestone in the company’s international growth strategy, driven by increasing demand from global hyperscale and original equipment manufacturer (OEM) customers for compliant, in-region ITAD and recycling solutions across Europe, Paladin says.

Following the acquisition, R&L Recycling will continue to operate under its existing name, with its current management team remaining in place. Paladin says it plans to invest in R&L’s infrastructure, technology and growth initiatives while leveraging the business as a platform for future expansion across Europe.

“Expanding into Europe has been a strategic priority for Paladin, and R&L Recycling is the ideal partner and platform to lead that expansion,” says Brian Diesselhorst, CEO of Paladin EnviroTech. “R&L brings decades of operational expertise, deep knowledge of EU compliance and transboundary regulations and a customer-first mindset that aligns perfectly with our culture.”

He adds that the acquisition establishes a strong, strategically located European foothold for Paladin.

Founded by CEO Raymond van Melis, R&L Recycling has earned a reputation across Europe for its disciplined operations, environmental stewardship and long-standing customer relationships across the broader European recycling markets, Paladin says.

With 129,000 square feet of operational space, the company’s location in the Netherlands provides a highly strategic gateway for serving customers throughout the European Union, particularly as regulatory requirements and sustainability expectations evolve.

“Paladin brings global scale, expertise and a long-term commitment to environmental solutions that will allow R&L Recycling to grow faster while staying true to our long-term commitment to responsible recycling and resource recovery,” van Melis says. “This partnership creates new opportunities for our employees, customers and partners while preserving the entrepreneurial culture that has defined R&L from the beginning.”

The acquisition of R&L Recycling also supports Paladin’s broader strategy around sustainable materials and critical mineral recovery, including its rare-earth magnet recycling initiative, REcapture.

“ReCapture™ reflects our commitment to building resilient, regional supply chains for critical materials,” Diesselhorst says. “As we expand into Europe with R&L Recycling, our focus is on supporting customers and economies locally—recovering and processing rare-earth materials within the regions where they are generated and strengthening sustainability outcomes while meeting the growing demands of global OEMs and hyperscale customers.

“Our global OEM and hyperscale customers have been asking how we plan to work beyond the United States as ITAD and rare-earth magnet recycling becomes a critical issue globally. Our acquisition answers their calls, kickstarts our European expansion and aligns us with another like-minded organization like R&L.”