E-waste company TES takes an M&A approach to battery recycling

June 29, 2021 | Case Study

TES, a global player in electronic waste recycling, was founded in 2005 in Singapore and is backed by Navis Capital Partners, one of largest private equity companies in Southeast Asia with more than $5 billion under management. TES offers services to technology companies, IT equipment providers, and electronics OEMs. It has customers in about 80 countries. Since its inception, TES' services have included takeback and transport of electronics and batteries to its processing centers in Asia. More recently, the company entered battery recycling to close the loop for its OEM customers, helping them acquire carbon credits and achieve sustainability goals.

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