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Refurbishment specialist RECOMMERCE strengthens its capital through affiliation with major French industrial groups
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- PARIS, Feb. 7, 2022 /PRNewswire/ A pioneer in refurbishment since 2009, Recommerce has decided to join forces with major retail and industrial leaders.
The operation[1] is being coordinated by United.B (Boulanger, Electrodépot, Hifi, Krëfel etc) alongside Bouygues Telecom and CREADEV (remaining shareholders) and other leading retail and industrial players. The closing is pending the approval of the French Antitrust Authority.
With this Series D funding and great operational results, the group now aims to become the leading technological and industrial platform promoting the Circular Economy on an international scale, with ambitious growth objectives.
Recommerce buys used equipment from private individuals and professionals, refurbishing and reselling it with a warranty. With 130 employees, Recommerce has local offices in eight countries. In 2021, the company continued to grow at a significant rate. Since 2009, Recommerce has refurbished 4 millions of pieces of equipment.