Elanders AB: Elanders strengthens its offer within sustainable services with the acquisition of ReuseIT
Today, Elanders signed a contract to acquire 70 per cent of the shares in ReuseIT Sweden AB and ReuseIT Finance AB ( ReuseIT ). ReuseIT is a fast-growing company that in 2020 had net sales of nearly MSEK 70 with good profitability. They specialize in purchasing, securely wiping, refurbishing, selling and leasing used IT products. The acquisition makes Elanders a leading actor on the Swedish market. At the same time, it is part of a bigger strategic effort concerning sustainable services on a global level.
With the acquisition of ReuseIT and the previous acquisition of Azalea Global IT AB, Elanders offers new and existing customers one of the market s strongest offers within Renewed Tech. For customers this means that IT equipment destined to be discarded can instead be securely wiped, restored and sold by Elanders. This prevents corporate secrets and personal data from falling in