Allan Gerlat, News Editor

December 16, 2011

1 Min Read
Anvet Buys Electronics Recycler Round2

Phoenix-based Anvet Inc. has bought electronics recycler Round2 Inc. for an undisclosed amount.

Round2 of Austin, Texas, provides commodity recycling, product disassembly and electronics testing and repair, with facilities in Coppell, Texas; Grove City, Ohio; and Atlanta. In 2010 Round2 reported revenue of about $40 million, Anvet said in a news release.

Avnet is a distributor of electronic components with revenue for fiscal year 2011 of $26.5 billion.

"The acquisition of Round2 Technologies is important to Avnet, as it complements our strategy to offer a total solution to the after-market services industry. With Round2's strong presence and capabilities in e-waste disposal, coupled with our other announced acquisitions, we can now offer call center services, repair and refurbishment, including complex repairs, and environmentally responsible disposal of those assets that no longer have usability," said Steve Church, president of Avnet Integrated Resources.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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