{"id":1690,"date":"2024-08-19T06:13:16","date_gmt":"2024-08-19T10:13:16","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=1690"},"modified":"2024-08-19T06:13:16","modified_gmt":"2024-08-19T10:13:16","slug":"reconomy-expands-us-presence-with-vermilion-acquisition","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=1690","title":{"rendered":"Reconomy expands US presence with Vermilion acquisition"},"content":{"rendered":"


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Reconomy is an international circular economy specialist. Credit: 3rdtimeluckystudio via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n

Circular economy specialist Reconomy has announced the strategic acquisition of Vermilion, a post-consumer product take-back company in the US.\u00a0\u00a0<\/p>\n

This move is set to expand Reconomy\u2019s capabilities and customer base in the US.\u00a0<\/p>\n

Vermilion, established in 1976 and based in Sauk Rapids, Minnesota, is known for its proprietary technology platform and patented reverse logistics packaging and kiosk collection system.\u00a0\u00a0<\/p>\n

The company specialises in tracking and tracing materials from collection to reuse or recycling complements Reconomy\u2019s tech-driven, people-powered approach.\u00a0<\/p>\n

The acquisition is poised to enhance Reconomy\u2019s Comply Loop division, which services over 15,000 global customers, including Fortune 500 brands.\u00a0\u00a0<\/p>\n

Vermilion\u2019s take-back system and technology will add specialist capabilities to Reconomy\u2019s growing portfolio in the take-back solutions market.\u00a0<\/p>\n

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