E.R.S. SELL TONER & INK COLLECTION BUSINESS TO CLOVER CORP

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E.R.S. SELL TONER & INK COLLECTION BUSINESS TO CLOVER CORP

 user 2010-11-17 at 8:34:34 am Views: 331
  • #23937
    http://www.therecycler.com/news/14785/Clover-Acquires-ERS.aspx?utm_medium=email&utm_campaign=Breaking+News+-+Clover+Acquires+ERS&utm_content=Breaking+News+-+Clover

    E.R.S. SELL TONER & INK COLLECTION BUSINESS TO CLOVER  HOLDINGS
    Clover
    Holdings Inc has acquired Environmental Reclamation Services (ERS). The
    move aims to advance the growth of Clover’s collection programmes and
    to meet market demand.According to a statement issued by Clover: “This
    acquisition advances Clover’s strategy to be the leader in environmental
    solutions and supports the diversification and growth of its collection
    programs including laser and inkjet cartridges, cell phones and small
    electronics.”Founded in 1990, and headquartered in Erie, Pennsylvania,
    ERS is a global provider of environmental solutions including the
    recycling and collection of printer supplies and small electronics. ERS
    will operate independently in the market and will continue to service
    its customers.

    Jim Cerkleski, CEO of Clover Holdings, commented
    on the acquisition: “We are excited about this acquisition because it
    advances our diversification and growth strategy. We will continue to
    expand our collections programs and remanufacturing infrastructure as we
    diversify into new and emerging markets and drive our ‘recapture,
    remanufacture, remarket strategy.”Both companies will continue to
    operate independently in their respective markets but “will work
    together to leverage potential synergies in the future”.

    http://www.therecycler.com/news/14785/Clover-Acquires-ERS.aspx?utm_medium=email&utm_campaign=Breaking+News+-+Clover+Acquires+ERS&utm_content=Breaking+News+-+Clover