Reconomy, the UK provider of outsourced resource management and environmental services has announced a further acquisition within the international marketplace, with an agreement to purchase Reverse Logistics Group (RLG) based in Munich, Germany
RLG is a leading provider of end-to-end solutions for returns management and environmental compliance to businesses in over 80 countries worldwide, helping customers deal with the increasing environmental, regulatory and logistical demands facing businesses today. Turnover for RLG in 2020 is forecast to be greater than €170m, which when combined with the existing Reconomy Group, takes pro-forma 2020 revenues above £465m. This is the second overseas acquisition for the Reconomy Group, building upon that of Noventiz, based in Cologne and announced in October.
