E-cycle Limited is excited to announce the acquisition of the Remploy IT Asset Management business, operated at Heywood in Lancashire and Porth in the Rhondda.
The sale of the business will result in all applicable employees transferring to the new business. E-cycle Limited will transfer all processing operations to the Porth site, which will enable the retention of circa 80% of the existing Porth workforce.
The new E-cycle business will operate as a supported business, and will continue to enable the ideals and values of the existing Remploy business, by offering a safe and nurturing environment for employees with disabilities, whilst also continuing to work hard within the community, by offering training and apprentice schemes.
Richard Harding, Operations Director stated: “As this is an internal bid, we have all worked together for many years and have gained each other’s trust and support. This new chapter represents an opportunity for us all to build a strong, sustainable business for the future, in which we can all be proud and all make a difference. The biggest asset in the new business is the employees and each and every one of them will be given the opportunity to thrive”.
E-cycle is very grateful for the huge support we have received from the Welsh Assembly Government, in developing our business plan, and ensuring it is sustainable moving forward. We have also had constant and productive support from a number of the local Assembly Members, local MP’s and local Union representatives.
Last but not least E-cycle is also very grateful for the on-going business and understanding of all of our customers, but in particular; Hewlett Packard, Disposal Services Authority (MOD) and the Government Procurement Service as without committed customers it would have been impossible to build a viable business moving forward.
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