Vyta buys IT disposal company FGD after investment

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

United Kingdom News News

IT recycling company Vyta is to buy UK-based IT disposal company FGD after a €13m investment from MML Growth Capital Partners Ireland (MML).

FGD will rebrand under the Vyta Group name and its 37 employees, including co-founders Leigh Medhurst and Daniel Elson, will join Vyta.

Leigh Medhurst is taking on the role of Chief Development Officer and Daniel Elson is now Vyta's Chief Technology Officer. Vyta estimates that the addressable market for its services in Ireland and the UK is more than €350m, with further market opportunities in Europe. "At Vyta, we adhere to the most stringent industry standards while maintaining our commitment to having the best customer service in our industry," Mr McMichael said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish companies raise record $401 million in VC funding | Business PostIrish companies raised $401 million (€382 million) in venture capital investment across 25 deals in the January to March period, the highest value ever recorded in a first quarter.
Source: businessposthq - 🏆 8. / 71 Read more »

Zoan develops 3D-printed human bone grafts from locally grown coral | Business PostCompany to collaborate with Swedish company Cellink on groundbreaking new project using coral grown in Connemara, ChasTaylor reports.
Source: businessposthq - 🏆 8. / 71 Read more »

Fuel expands into Munster with acquisition of Leigh Gillen EventsFuel expands into Munster with acquisition of Leigh Gillen Events via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »