{
  "id": 6146372,
  "title": "Flex IT and T1A combine to create €150M European circular IT platform",
  "url": "https://urgent.news/2026/09/07/flex-it-and-t1a-combine-to-create-150m-european-circular-it-platform",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-07T14:19:19.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/09/07/flex-it-and-t1a-combine-to-create-eur150m-european-circular-it-platform/"
  },
  "original_language": "en",
  "account": "Flex IT and T1A Group have merged to form a European circular IT platform valued at around €150 million. The two companies operate at different points within the same supply chain; T1A collects and refurbishes corporate IT equipment, while Flex IT distributes new and refurbished hardware across Europe. By joining forces, the combined group streamlines the process from end-of-life disposal to resale.\n\nT1A, founded in Denmark in 2001, specializes in certified data erasure and refurbishment of corporate IT equipment, while Flex IT, established in 1991 and based in Leiden, Netherlands, handles the distribution of both new and refurbished IT hardware through a network of about 13,000 resellers. Both companies maintain R2v3 certification and operate certified processing operations in Denmark, the Netherlands, and Poland.\n\nThe merger, supported by the Eurazeo Planetary Boundaries Fund (EPBF) and Dansk Vækstkapital, creates a unified group where companies can collect retired devices, process them at the most suitable certified location, and sell them in the market segment that maximizes value. Angelo Bul, Flex IT's CEO, becomes the new CEO of the merged entity, while Peter Hemicke, T1A's founder, takes on the role of Executive Chairman, focusing on group strategy and remaining a co-investor with EPBF.",
  "summary": "Flex IT and T1A Group today announced the completion of their combination, forming a European platform in circular IT with revenue of approximately €150 million. The two businesses sit at opposite en...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}