Envipco, a global provider of recycling systems and reverse vending machines
(RVMs), has been selected by a leading retailer to install 350 RVMs across all
their Scotland stores. The stores will utilize Envipco's Flex and Optima
technology platforms and be installed in 2023 in preparation for the go-live of
the Scotland deposit system in August 2023.
This award demonstrates Envipco's growing success and is the latest addition to
the European portfolio. This award builds on the Q4'21 win in Malta, the Q2'22
Iceland Foods award for all their stores in Scotland and the recent October 19
announcement of another major retailer selecting Envipco for all their Scotland
stores.
"This significant win further confirms the value of Envipco's technology
portfolio and our relevance in new and maturing markets. We see that our
strategy is resonating with customers, and we are pleased with our progress in
this important market. Our aim to create a cleaner world through recycling
technologies is gaining momentum, and we are continuously working to deliver
strong growth and execute on our long-term targets" said CEO Simon Bolton.
For further information please contact:
Derk Visser, Group CFO
+31 33 2851773
derkv@envipco.com
About Envipco Holding N.V.
Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding
company listed on Euronext Amsterdam and Euronext Oslo Growth (Symbols:
ENVI/ENVIP). Envipco, with operations in several countries around the globe, is
a recognized leader in the development and operation of reverse vending machines
(RVMs), automated technological systems for the recovery of used beverage
containers. Known for its innovative technology and market
leadership, Envipco holds several intellectual property rights for RVM systems,
including but not limited to beverage refund deposit markings, material type
identification, compaction, and accounting.