About Recresco
Recresco is a company based in United Kingdom founded in 1978 was acquired by Baglass Llc in December 2023.. The company has 79 employees as of December 31, 2019. Recresco offers products and services including Glass Recycling Service, Production Sorting, and Bespoke Products. Recresco operates in a competitive market with competitors including Aero Aggregates, Glass Half Full, Swedish Glass Recycling, Container Recycling Alliance and Vitreous, among others.
- Headquarter United Kingdom
- Employees 79 as on 31 Dec, 2019
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Recresco Limited
- Date of Incorporation 06 Sep, 2000
- Jurisdiction NOTTINGHAM, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.68 K (USD), Grant
Mar 31, 2022
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Investors
HSBC
& 4 more
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Employee Count
79
as on Dec 31, 2019
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Acquired by
Baglass Llc
(Dec 22, 2023)
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Products & Services of Recresco
Recresco offers a comprehensive portfolio of products and services, including Glass Recycling Service, Production Sorting, and Bespoke Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Processes glass materials to reduce waste and promote recycling.
Utilizes technology for efficient material sorting in recycling.
Creates custom items from recycled glass for various applications.
Funding Insights of Recresco
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $55,679
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First Round
First Round
(01 Apr 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Grant - Recresco | Valuation |
investors |
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| Jun, 2021 | Amount | Debt – Conventional - Recresco | Valuation |
investors |
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| Feb, 2021 | Amount | Grant - Recresco | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Recresco
Recresco has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, European Union and Welsh Government. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Universal banking and financial advisory services are provided globally.
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Founded Year | Domain | Location | |
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Government services for Wales are delivered through public administration.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Recresco
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Recresco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Recresco Comparisons
Competitors of Recresco
Recresco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aero Aggregates, Glass Half Full, Swedish Glass Recycling, Container Recycling Alliance and Vitreous, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Glass recycling services are provided by Aero Aggregates.
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| domain | founded_year | HQ Location |
Provider of glass recycling services
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| domain | founded_year | HQ Location |
Glass recycling services are provided in Sweden.
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| domain | founded_year | HQ Location |
Provides tools for creating and managing websites, blogs, and social media profiles.
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| domain | founded_year | HQ Location |
Delivers comprehensive waste recycling services to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Recresco
Frequently Asked Questions about Recresco
When was Recresco founded?
Recresco was founded in 1978 and raised its 1st funding round 42 years after it was founded.
Where is Recresco located?
Recresco is headquartered in United Kingdom.
How many employees does Recresco have?
As of Dec 31, 2019, the latest employee count at Recresco is 79.
What does Recresco do?
Recresco was established in 1978 within the United Kingdom. Operations are centered on the recycling sector, where glass waste is collected, processed, and repurposed. Services encompass sorting, cleaning, and transforming glass materials into reusable products. The focus remains on environmental management in the waste industry, with activities conducted across various UK locations to support sustainable waste handling practices.
Who are the top competitors of Recresco?
Recresco's top competitors include Aero Aggregates, Swedish Glass Recycling and BottleCycler.
What products or services does Recresco offer?
Recresco offers Glass Recycling Service, Production Sorting, and Bespoke Products.
Who are Recresco's investors?
Recresco has 5 investors. Key investors include HSBC, European Union, Welsh Government, EIC Fund, and Baglass Llc.