Rapid Granulator and Eldan Under Same Ownership

Following the acquisition of Rapid Granulator by Lifco, customers will now be able to directly access a unique portfolio of granulators and shredders, as the company joins forces with sister company Eldan, which is also owned by Lifco.

Heading the two companies is Dr. Toni Reftman, who holds a Ph.D. in recycling, has been appointed to the post of CEO and Director of both companies. Dr Reftman, who was Managing Director at Eldan for the past 10 years and was previously in Business Development at Rapid for 9 years, brings a unique and unrivalled experience to this newly created post. Under his leadership, customers of the two companies will benefit from the broadest choice of solutions to meet their exact specifications.

Dr Reftman said: “This acquisition is an important step in the history of Rapid Granulator as it will bring together two successful companies that are able to offer a fully complementary portfolio – making us in effect the world’s largest recycling machine company in our field.

“Our new owner is committed to our company for the long-term bringing us back into Swedish ownership and long-term stability, enabling Rapid and Eldan to concentrate on customer service around the world.”

About the author

David is the Owner and Publisher of Tyre & Rubber Recycling. With over 30 years' experience as a specialist tyre industry journalist, he first entered the tyre industry in 1987 as Editor of Tyres & Accessories. He was Editor of Tyre Trade News between 1993-96 before establishing Retreading Business in 1997. In 2004 he acquired the Malaysian tyre magazine The Tyreman, before establishing Tyre & Rubber Recycling in 2009. In addition to his publishing ventures, he was also Director of the Retread Manufacturers' Association between 2004 and 2014.

Email: david.wilson@tyreandrubberrecycling.com

Phone: (44) 1270 668 718

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