19th March, 2014 (South Yorkshire, UK)
ECS Accelerates Strategic Growth with Acquisition of Cartridge Remanufacturing firm Tinto
Effective Consumable Solutions (ECS), the independent distributor of copier and printer consumables throughout the UK and Europe, has today announced that it has acquired Tinto Laser Services and its recycling division GreenAgenda, the highly respected remanufacturer of laser printer cartridges in Europe, which had become insolvent in January.
This key acquisition will see ECS – one of only four nationwide independents in a rapidly growing UK sector – merge with Tinto’s cartridge production operation, enhancing the company’s specialist capabilities in that area and underlining its determination to increase market share through a blend of organic growth and acquisition.
Representing an early landmark in the company’s strategic plan to significantly expand and strengthen its recycling division, the investment will see ECS’s strong recurring revenues and all former Tinto skilled staff join the ECS brand with immediate effect although the business will remain an independent division.
ECS Director Chris Fink stated: “We are delighted to be joining forces with such a leading technical business. Tinto represents a fantastic opportunity for ECS to achieve its next level of ambitious growth, with a business that understands the technology and quality necessary to fulfil an ever challenging sector within the toner supplies industry and also has the vision to see us become Europe’s largest cartridge remanufacturing business.”
“With ample capital resources available and revenues increasing across the business it is no secret that we are proactively seeking service-led acquisitions to supplement the company’s existing capabilities. I am delighted to announce the completion of the Tinto deal, which I anticipate will be the first of many as ECS continues its strategic evolution.” said Financial Director Fran Rabbitte.
“Whilst ECS has invested in its UK distribution centre, recycling schemes, technical infrastructure and production capabilities, Tinto brings a best-of-breed reputation and an experienced quality driven workforce operation to a complete service proposition that now embraces everything from production and innovation to cartridge recycling for public and private sector businesses.” said Chief Executive Felicity Rabbitte.
Founded in 1992, Tinto is a prominent independent nationwide laser toner cartridge remanufacturer in a sector growing at around c23% pa. Recognised by clients and competitors alike as the leading visionary within the toner cartridge industry Tinto has the reputation of being the best in the business. Tinto operates one of the largest toner cartridge and mobile phone recycling schemes in the UK through its GreenAgenda division.
Notes to Editors:
ECS, UK’s largest independent consumables solutions provider is the fastest growing, largest privately owned and family run photocopier cartridge supplies company.
With a successful heritage of profitable, sustainable growth since 2009, ECS helps customers realise immediate cost savings and get more for less out of investment in quality compatible and recycled toner cartridges.
ECS is built on the foundations of our four pillars, Copier Consumable Supplies, Closed-Loop Recycling and Laser cartridge remanufacturing along with the Consultancy Division. Based in Misterton, South Yorkshire.
Tinto is Europe’s leading independent laser toner remanufacturer, recognised by the remanufacturing community as the industry leader in quality and innovation.
Tinto helps organisations assess their current office print practices and infrastructure, aids strategic alignment of future solutions to the organisation’s objectives in cost, efficiency and Corporate Social Responsibility (CSR).
Based in Bellshill, Glasgow.
0844 357 5016
Effective Consumable Solutions (UK) Ltd
Units 11-14 West Stockwith Park
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