Jabil acquires electronics recycler Retronix

Jabil Inc., a St. Petersburg, Florida-based company specializing in design, manufacturing and supply chain management, has acquired United Kingdom-based electronics recycler Retronix Ltd.

“We are thrilled to welcome Retronix to the Jabil family,” says Frank McKay, chief procurement and supply chain officer at Jabil. “This acquisition demonstrates our commitment to our customers’ and our own environmental initiatives. As a trusted partner to many global brands, Jabil feels a strong sense of responsibility to not just support sustainability for ourselves, but to shepherd our customers towards decarbonization solutions like this—the reuse and recycling of electronic components.”

Jabil says for 30 years, Retronix has been a market leader in component recovery, reballing, retinning and component authenticity testing services. The deal adds exclusive technologies to Jabil’s portfolio while maintaining security, quality and certification standards. The company says these services enable the safe extraction of embedded valuable components from printed circuit boards (PCBs) and other electronics to minimize waste, create new value channels and mitigate future component obsolescence.

Jabil, which boasts over 250,000 employees across 100 locations in 30 countries, says the deal adds to its current circular economy services, which include revers supply chain management, medical device reprocessing, recycled packaging and emission reductions. The company adds its mission is to offer sustainable options to its customers who are increasing the use of electronics in products like electronic vehicles, home appliances, medical devices and packaged goods.

“Like Jabil, Retronix works with leading brands across industries such as telecommunications, defense, automotive and healthcare,” Jabil Vice President of Supply Chain Jed Pecchioli says. “Now, these services will be available to Jabil customers, and together, we will strengthen the circular economy. Being a part of Jabil will make an impact on sustainable manufacturing. From product design to end-of-life, our common goal is to squeeze every bit of life out of every material and reduce electronic waste.”