tech
April 7, 2026
Paladin acquires ICT in €60M push to dominate European ITAD
In short: Paladin EnviroTech has acquired ICT, Ireland’s first R2v3-certified ITAD provider, completing a $70 million, nine-month acquisition spree that now spans the U.S., Netherlands, and Ireland, positioning the company to handle the growing wave of hardware disposal from Dublin’s hyperscale data centre cluster.
TL;DR
- Paladin EnviroTech acquired ICT, Ireland's first R2v3-certified ITAD provider, for $70 million.
- This acquisition is the fifth in a nine-month spree, establishing Paladin's presence in the U.S., Netherlands, and Ireland.
- The move aims to capitalize on the growing need for secure hardware disposal from data centers, especially Dublin's hyperscale cluster.
- ICT processed over 2,000 tonnes of electronics and 500,000 data-bearing devices in the past year.
- ICT's R2v3 certification is supported by ISO 9001, 14001, and 45001 standards.
- Paladin's expansion aligns with the AI infrastructure boom and increasing regulatory pressure for in-region data handling.
- The company also focuses on rare-earth magnet recovery to strengthen supply chains.
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