June, 3rd, 2025
Renewtech Acquires eco-rete to Expand Market Presence
Renewtech is pleased to announce the acquisition of eco-rete, a strategic move that will significantly enhance our market presence and service offerings in Italy. This is a proud moment for Renewtech as we continue to strengthen our foothold in the refurbished hardware industry in Italy and expand our reach to the Italian customers.
Larger offerings and more profound services to Italian customers
Renewtech has a strong presence in Italy, with the existing department acquired in 2024, and with the addition of eco-rete, we will be able to serve the Italian customers with even more profound offerings. The market is vast, with numerous customers, and this move enables us to provide sustainable IT solutions to even more customers in the market.
Renewtech will continue to serve our loyal portfolio of resellers, system integrators, and end-users, but now with an even stronger sales organization to provide comprehensive solutions and support.
"We are excited about the acquisition of eco-rete, which aligns perfectly with our strategic goals and vision for Renewtech Italy. The Italian refurbished IT market is an attractive and growing market in Europe, and with the addition of eco-rete, we will strengthen our market position and enhance our ability to serve our customers with even greater efficiency and innovation"
Bjarne Aarup, CEO of Renewtech
Growth in the Market
Eco-rete has a robust presence in the market and is experiencing increased demand from customers for refurbished IT solutions. With the support and resources of Renewtech, eco-rete will gain even more momentum, allowing it to better serve the customers with a more comprehensive range of service offerings and refurbished hardware.
"We are thrilled to join forces with Renewtech. This partnership will provide us with the resources and support needed to continue our growth trajectory and deliver exceptional value to our customers."
Andrea Menalli, CEO of eco-rete
With this acquisition, eco-rete will be integrated into all of Renewtech’s ISO certifications. These ISO certifications are strategic tools that ensure optimal work processes in sustainability, quality, data security, and work environment. This integration will greatly benefit the customers of eco-rete by providing them with enhanced service quality, improved data security, and a stronger commitment to sustainability.
We are confident that this acquisition will bring significant benefits to our customers, employees, and stakeholders. Together, Renewtech and eco-rete will drive innovation and growth in the Italian market.
For more information, please contact: Bjarne Aarup, CEO of Renewtech Group at [email protected] or +45 2085 9290
How does this affect you?
As a customer, the acquisition will not have any consequences. We will continue our existing collaborations, and the communication with our customers will proceed as before.
We are now simply a larger and stronger circular IT company, offering our customers even more products, services, and expertise in server, storage, and networking hardware. Our customers now only need to shop in one place while simultaneously reducing their costs. Our expanded expertise means that we can now find the perfect solutions for our customers' IT departments and offer extended services in areas such as repair and maintenance, thus contributing to extending the lifespan of our customers' products.
Q & A - Customers
Q: Why has Renewtech bought SE.CO?
A: The acquisition of SE.CO strengthen Renewtech’s position in the attractive Italian market and secures Renewtech local presence in Italy.
This aligns with Renewtech’s strategy of getting closer to its customers and the overall mission to become Europe’s leading supplier of sustainable IT solutions.
Q: I am a customer of both Renewtech and SE.CO, who will I be contacting in the future?
A: If you are doing business with SE.CO now, your contact person will remain the same after the acquisition, as SE.CO. will serve all reseller customers in Italy going forward.
Your contact at SE.CO now can assist you in your local language but with even more IT solutions through support from Renewtech product managers.
Q: Will SE.CO change name to Renewtech?
A: SE.CO will shortly after closing be rebranded as Renewtech and all operations will work under the Renewtech brand. .