Refurb A/S sold to Egiss Group

15. June 2022

Refurb has been sold to Egiss, one of the world's leading IT logistics companies.

Refurb has been sold to Egiss, one of the world’s leading IT logistics companies.

In January 2020, Den Sociale Kapitalfond Invest became a co-owner of Refurb, which is based in Hornslet as a frontrunner in acquisitions, data deletion, refurbishment and sale of used IT equipment with operations in Denmark, Norway and Sweden.

This provides great environmental value, and at the same time, Refurb is a very socially responsible company, with approximately 25% of the 55 employees in 2022 coming from the fringes of the labor market. In recent years, Refurb has undergone a significant strategic development, where the company has expanded its sourcing channels, increased its productivity, developed its sales channels and updated its ESG reporting.

After being negatively affected by the corona epidemic, Refurb achieved its best result so far in 2021, while the number of employees “from the edge” has increased. Egiss has, among other things, requested the ITAD (IT Asset Disposal) profile and ESG competence that Refurb stands for, and is a strong match on the further growth journey with great synergy effects and exciting international perspectives.

Refurb will continue with the same management as before as an independent company in the Egiss Group. At Den Sociale Kapitalfond Invest we thank you for a really good collaboration and look forward to following developments in the future.

Read more in the press release here: Press release

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