Press Release

Paladin EnviroTech Acquires R&L Recycling B.V., Establishing European Platform for ITAD and Sustainable Materials Recovery

Expansion into Europe Uniquely Positions Paladin to Address Global Hyperscaler Demands

TAMPA, Fla. & HELMOND, Netherlands–(BUSINESS WIRE)–Paladin EnviroTech (โ€œPaladinโ€), a leading global provider of IT asset disposition (ITAD), electronics recycling, and critical material recovery solutions, today announced the acquisition of R&L Recycling B.V., a leading Netherlands-based recycler with more than 25 years of experience in sustainable materials recovery and ITAD services.


This transaction represents Paladinโ€™s first acquisition in Europe and a major milestone in both the companyโ€™s international growth strategy, driven by increasing demand from global hyperscale and OEM customers for compliant, in-region ITAD and recycling solutions across Europe.

โ€œExpanding into Europe has been a strategic priority for Paladin, and R&L Recycling is the ideal partner and platform to lead that expansion,โ€ said Brian Diesselhorst, CEO of Paladin EnviroTech. โ€œR&L brings decades of operational expertise, deep knowledge of EU compliance and transboundary regulations, and a customer-first mindset that aligns perfectly with our culture. This acquisition establishes a strong, strategically-located European foothold and is the first phase of Paladinโ€™s expansion into Europe.โ€

Founded by CEO Raymond van Melis, R&L Recycling has earned a strong reputation across Europe for its disciplined operations, environmental stewardship, and long-standing customer relationships across the broader European recycling markets. With 129,000 square feet of operational space, the companyโ€™s location in the Netherlands provides a highly strategic gateway for serving customers throughout the European Union, particularly as regulatory requirements and sustainability expectations evolve.

โ€œPaladin brings global scale, expertise, and a long-term commitment to environmental solutions that will allow R&L Recycling to grow faster while staying true to our long-term commitment to responsible recycling and resource recovery,โ€ said Raymond van Melis, Founder and Owner of R&L Recycling B.V. โ€œThis partnership creates new opportunities for our employees, customers, and partners, while preserving the entrepreneurial culture that has defined R&L from the beginning.โ€

Following the acquisition, R&L Recycling will continue to operate under its existing name, with its current management team remaining in place. Paladin plans to invest in R&Lโ€™s infrastructure, technology, and growth initiatives, while leveraging the business as a platform for future expansion across Europe.

The acquisition also supports Paladinโ€™s broader strategy around sustainable materials and critical mineral recovery, including its rare-earth magnet recycling initiative, REcaptureโ„ข.

โ€œReCaptureโ„ข reflects our commitment to building resilient, regional supply chains for critical materials,โ€ said Diesselhorst. โ€œAs we expand into Europe with R&L Recycling, our focus is on supporting customers and economies locallyโ€”recovering and processing rare-earth materials within the regions where they are generated, and strengthening sustainability outcomes while meeting the growing demands of global OEMs and hyperscale customers.โ€

He continued: โ€œOur global OEM and hyperscale customers have been asking how we plan to work beyond the United States as ITAD and rare-earth magnet recycling becomes a critical issue globally. Our acquisition answers their calls, kickstarts our European expansion, and aligns us with another like-minded organization like R&L.โ€

Financial terms of the transaction were not disclosed. To learn more about Paladinโ€™s products and services, visit their website here.

About Paladin EnviroTech

Paladin EnviroTech was founded to deliver secure, transparent, and environmentally responsible IT asset management and recycling solutions on a global scale. Backed by industry veterans and SER Capital Partners, Paladin provides a full suite of services, including IT Asset Disposition (ITAD), end-of-life electronics recycling, and rare-earth magnet recovery. Paladinโ€™s proprietary software platform enables customers to track, manage, and report on IT assets with confidence, maximizing value recovery while ensuring data security and regulatory compliance.

About R&L Recycling B.V.

R&L Recycling B.V. is a Helmond, Netherlands-based recycling company specializing in sustainable materials processing and recovery for over 25 years. R&L currently operates across Europe, providing compliance, logistics, recycling and ITAD solutions.

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