Paladin Acquires ICT in €60M Push to Dominate European ITAD
Paladin EnviroTech has completed its acquisition of ICT, Ireland’s premier R2v3-certified provider of IT Asset Disposition (ITAD) services. This latest move caps a swift nine-month acquisition campaign, totaling $70 million, which has significantly broadened Paladin's operational reach across the United States, the Netherlands, and Ireland.
The strategic acquisition positions Paladin to adeptly manage the increasing influx of hardware disposal stemming from Dublin's substantial cluster of hyperscale data centers. As these vital servers, which underpin Europe's expansive cloud infrastructure, reach their end-of-life cycle, Paladin aims to provide comprehensive and compliant solutions for their decommissioning and secure disposal.
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