Recycling specialist Restore has made its second acquisition of the year.
A couple of months after the firm moved to pick up Runcorn-based Computer Disposals, Restore has snapped up Liverpool-based Apple recycling and spare parts specialist The Bookyard.
The Bookyard is a 15-year-old business that focuses on Apple recycling and parts, and runs a couple of e-commerce sites – www.mac2cash.com and www.click4mac.com – which give it countrywide coverage.
The Bookyard was expected to generate revenues of approximately £1.2 million a year and no one is saying how much Restore paid for the company.
Restore said Apple laptops and PCs represented around 10 percent of the tech market, with that figure expected to increase in the future.
The ambition is to combine the two businesses and build on Restore’s existing Apple business to provide the foundation to create an Apple Centre of Excellence.
Restore CEO Charles Bligh said:“The Bookyard has been on our radar for some time and we are delighted that Nick Gillard and his whole team will be joining Restore Technology We have achieved considerable growth in our Apple products line over the past few years, but the significant brand awareness and expertise that The Bookyard will bring will deliver increasing momentum to Restore Technology in the all-important Apple recycling market.”
