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Blackburn-based mattress recycling firm The Furniture Recycling Group (TFR Group) has received significant investment RetourMatras which will enable it to increase its workload.
TFR Group has recycled more than 3.5 million mattresses since 2012. With the new partnership, it aims to increase its capacity to 1.5 million mattresses per year.
RetourMatras is based in the Netherlands and operates a self-developed automated process. Across four facilities, it has the capacity to recycle all the 1.5 million mattresses disposed of annually in its home country and is actively seeking opportunities to expand its impact further afield.
Nick Oettinger, CEO and founder of TFR Group, said: "We are constantly looking for opportunities to further our capabilities and are delighted to be partnering with RetourMatras. The investment is another step in the evolution of our business and will be instrumental in optimising and growing our recycling and rejuvenation processes.
"The investment will enable us to provide broader coverage of our services, as well as accelerating business growth and fast tracking our automation plans, ultimately driving down the cost of mattress recycling for our customers."
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