Going once, going twice: ECS customer list sold
by Jared Paben
Important assets from shuttered e-scrap company ECS Refining were snapped up by Dynamic Recycling, which emerged victorious in a courtroom bidding war last week.
The Wisconsin-based e-scrap processor will pay $330,000 for ECS’s customer list and IT asset disposition inventories in California, Ohio and Texas. That price is more than twice the initial bid.
ECS, a major U.S. player in the electronics recycling and ITAD industry, closed at the end of June after filing for bankruptcy in April. ECS’s estate is being managed by a trustee appointed by U.S. Bankruptcy Court for the Eastern District of California.