Axio Investissements has acquired Les Joyeux Recycleurs in a management buyout to promote operational independence and maintain the company's strong ESG-centric ethos.

Information on the Target

Les Joyeux Recycleurs is a leading environmental services company based in Paris, specializing in the collection and sorting of office waste. Established in 2013, the firm has successfully built a recurring subscription model which leverages advanced digital processes to enhance operational efficiency. With a clientele that includes over 2,000 prominent companies across the Île-de-France region, Les Joyeux Recycleurs has deployed more than 12,000 sorting boxes and addresses 16 different waste streams, ensuring customizable solutions for their clients.

The company's strong Environmental, Social, and Governance (ESG) positioning is noteworthy, as most of its employees come from professional integration backgrounds. Additionally, the company holds a commitment to a 100% recycling rate for all waste, along with providing clients with monthly and annual impact reports that include certification of waste recovery. This focus on compliance with evolving environmental standards addresses the increasing demand from companies for responsible waste management solutions.

Industry Overview in France

The waste management industry in France has been undergoing significant transformation due to increasing regulatory pressures and changing public perception about sustainability. The French