February 09, 2023

Press release takeover CTG Circular

Zoetermeer, February 2023 – CTG Circular, consisting of CTG Circular Belgium and CTG Circular Netherlands, becomes part of the Circular IT group. CTG Circular is a specialist in device lifecycle management and circular IT solutions for workplace devices of medium and large enterprises. Together with Circular IT Group, CTG Circular will focus on accelerating its growth in the coming years by expanding its proposition and contributing to a circular economy.

Mutual reinforcement

CTG Circular exists since 1999 and is the market leader in Belgium in the segment of B-to-B ICT upcycling and refurbishment. Annually, CTG Circular processes approximately 140,000 devices at its Mechelen facility. Since 2003, it has also grown into a service provider for digital inclusion projects through strategic partnerships with social enterprises and not-forprofit organizations such as Digital for Youth.be (NPO), Close the Gap Int. (NPO) and Close the Gap Africa, with branches in Kenya, South Africa, Congo and Uganda. In Belgium and the Netherlands, during the COVID period, CTG Circular refurbished and delivered over 20,000 notebooks to Digital for Youth.be for vulnerable youth in need of digital tools for home schooling.

As of today, customers can turn to CTG Circular to purchase both new and slightly used workstation equipment with warranty. Thanks to its partnership with Circular IT, CTG Circular’s customers can now have the option of complete lifecycle management of devices. With its Device-as-a-Service (DaaS) solution and smart Lifecycle Management software, organizations gain visibility and control over the complete lifecycle of their devices. This enables organizations to meet their information security compliance requirements and contribute to their sustainability programs. The combination with Circular IT Group increases access to refurbished devices for CTG Circular, which in time will enable customers to be offered a full portfolio of circular solutions with ample service and warranty.

Olivier Vanden Eynde, founder CTG Circular: “Circular economy is no longer a nice-tohave, but a must-do. To reinforce the initiated transition, as well as to bring green and circular IT to the mainstream, we need to collaborate across borders to offer regional solutions to our medium and large companies, as well as governments and multinational institutions. Through this transaction, CTG Circular is going to realize its model a lasting exponential sustainability for the entire ecosystem.”

Jean-Pierre Verhoeven, interim-CEO Circular IT group: “We see enormous opportunities in the cooperation between CTG Circular and the Circular IT Group. The services are complementary, which in the combination offers a lot of added value by, among other things, a larger network to serve customers. Together, CTG Circular and the Circular IT Group are a top 5 European player in the field of Circular IT, with a lot of ambition for the future.”

About CTG Circular

Besides delivering, implementing and managing young used workplace equipment, CTG Circular optimizes and extends its life cycle and processes the devices after depreciation. The logistics, guaranteed safe data disposal, valuation of residual value and recycling are completely taken care of. With its services, CTG Circular makes the entire circular process transparent, accessible and economical.

About Circular IT group

Circular IT group supports customers to optimize the value of IT hardware on a daily basis. We do this by optimizing the lifespan of IT hardware, Hardware as a Service, rental, refurbishing, repair, recommerce, minimizing e-waste, reducing critical resource exhaustion, reducing global CO₂ emissions and reducing the negative impact on the environment. The Circular IT Group supports circularity, future-proof connectivity and social as well as digital inclusion.

With its product and service offering, Circular IT Group serves more than 10,000 customers worldwide, including corporate end users, service providers and consumers. The group is headquartered in Zoetermeer, with additional locations in Almere, Amersfoort, Nieuwegein and Singapore. The group currently employs 200 FTEs.

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