RLG and S2S IMI Group form joint venture to enable reverse logistics services in the EEMEA region
Reverse Logistics Group of Munich, Germany and S2S IMI Group of London, United Kingdom are delighted to announce a joint venture which will extend their partnership operations into the EEMEA regions.
The first joint venture company, TRL (Turkish Reverse Lojistik A.Ş.) – 51% owned by RLG and 49% by S2S IMI Group – will focus on reverse logistic activities from electrical and electronic equipment (WEEE). TRL’s services include transportation and collection, recycling management, re-sales of recycled materials and consultancy services.
Operating in Turkey, TRL will pioneer technology and know-how in the developing reverse logistics industry throughout the region. In response to governmental initiatives and targets, the joint venture brings a wealth of expertise and experience in the implementation and management of regulatory and compliance schemes into Turkey combined with in-depth knowledge of the local market.
TRL is headquartered in Istanbul with a branch office in Turkey’s capital Ankara.
RLG and S2S will further explore other market opportunities within the region in the field of reverse logistics, recycling and environmental services including individual or collective take-back systems as well as regulatory and compliance schemes.
Patrick Wiedemann, CEO Reverse Logistics Group explains: "With S2S IMI Group, we have a trusted, well-established partner within the EEMEA region. This is the next step in fostering RLG’s position as a global partner for reverse logistics services.”
Yalcin Cetinkaya, General Manager S2S IMI Group: “Our partnership with RLG places TRL at the forefront of the WEEE reverse logistics industry in Turkey. This strong partnership promises to revolutionise reverse logistics in the region and beyond”
RLG CEO Patrick Wiedemann and S2S Managing Partner Samir Sunbol, signing the contract.
About S2S IMI Group
S2S IMI Group’s services centre on the acquisition and development of land assets at key strategic locations throughout Turkey, the Middle East and CIS countries. S2S works with multi-national companies to extend global supply chains to an international standard into new markets and develops partnerships in a multitude of logistics based sectors including warehousing and transportation and reverse logistics.
S2S have offices in the UK and Turkey and have a management team based in Saudi Arabia. For more information please visit www.s2simigroup.com