ERI was recently featured in an article by GreenBiz announcing an investment in ERI by Closed Loop Fund as the e-waste market is estimated at over $57 billion.
“There are synergies across the network,” said Martin Aares, managing director of Closed Loop’s private equity platform. What’s more, the firm will focus on helping ERI grow its asset management services for its corporate partners, which include the likes of Microsoft, Nestle and Unilever. “There is a huge market in being able to divert these materials from landfills, and in being able to extend the asset life of products or the individual components within,” Aares said.