Displaying items by tag: Rekom
Geminor acquires Rekom
29 November 2019Norway: The resource management solutions provider Geminor has acquired its competitor Rekom. The latter has outstanding contracts for the management of 0.1Mt/yr of waste, which represent a 20% increase in Geminor’s current workload, the company has stated. It adds Rekom’s logistics and processing facilities in Norway to its own across Scandinavia and in Germany, Poland and the UK. Kjetil Vikingstad, Geminor CEO, said the acquisition, which was not strategically planned, was nonetheless in keeping with the company’s Nordics growth strategy, giving it ‘a company volume which makes it an attractive alternative to municipal companies and recycling facilities for materials recycling and especially for energy recovery.’