Foxway acquires Greentech and strengthens its leading position in sustainable IT lifecycle solutions in Northern Europe
Foxway has acquired the Norwegian market leader in reused IT equipment, Greentech AS (“Greentech”). The transaction is an important step in Foxway’s strategy to become the leading specialist in reuse, repair and sourcing of ICT devices in Europe.Foxway is one of the largest specialists in IT lifecycle management in Northern Europe with offices in the Nordics, Estonia, Germany and Spain among other markets. Foxway group has an annual turnover of EUR 300M and employs more than 700 people. Greentech is the leading IT lifecycle business in Norway with more than 100 000 assets resold in 2020.