Rubicon Partners has acquired a majority share in UK mobile phone refurbishing, recycling and fulfilment specialist Bamboo Distribution.
Bamboo Distribution Managing Director Juney Mistiki, said: “Bamboo acknowledges that to reach its full potential we needed a strong, experienced, reputable partner like Rubicon, who will support us through our development and growth strategy.”
Andrew Fischer and Joseph Boucher, executives at Rubicon, are joining Bamboo Distribution’s board of directors.
Founded by Juney Mistiki, Dervish Dervish and Paula Hansson in 2009, Bamboo Distribution works in partnership with insurance companies, major retailers and mobile phone operators to recover, refurbish, resell, distribute and recycle used mobile phones and other tech products in the UK and overseas.
