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REMONDIS Recycling GmbH & Co. KG has purchased all of the reverse vending activities operated by Diebold Nixdorf Incorporated. As a result, REMONDIS will now be able to offer the full range of services that will be needed for any future collection schemes set up as part of the European Circular Economy Action Plan to promote segregated collections and closed loop material cycles. REMONDIS has taken over Diebold Nixdorf Technology GmbH and Diebold Nixdorf Retail Services GmbH as part of a share deal. The acquisition must still be approved by the relevant competition authorities.
As set out in the deal, REMONDIS shall continue to operate the business with smart takeback technology in Germany. The implementation of the Single Use Plastics Directive will also lead to further collection schemes being set up in Germany and abroad to facilitate the segregated collection of recyclables. The facility in Ilmenau that produces the reverse vending machines and the national service division responsible for Germany have also both been acquired.
“REMONDIS’ purchase of DN Technology – the reverse vending machine production division – and the DN Retail service division is an important step for the company as it moves towards becoming a full service provider within the circular economy. We can now offer our customers a comprehensive range of recycling solutions both in Germany and many other countries. Together with DN Technology and DN Retail, our portfolio of services ranges from taking back high quality recyclable materials and delivering reverse vending logistics, to sorting and recycling, all the way through to producing high quality recycled raw materials that can then be reused to make new products, effectively returning them to their original application,” explained Ralf Mandelatz, Managing Director of REMONDIS Recycling.
This purchase is an important step for REMONDIS as it moves towards becoming a full service provider within the circular economy.
“By doing so, REMONDIS wishes to contribute towards the creation of a genuine closed loop circular economy. Setting up smart takeback schemes is fundamental here as it is such schemes that make it possible for the materials to be processed into high quality recycled raw materials,” he continued.