Iron Mountain Incorporated is to acquire ITRenew, a portfolio company of ZMC. The transaction is subject to customary closing conditions.
ITRenew has established itself as a leading IT Asset Disposition (ITAD) provider serving the global hyperscale segment, focused on maximising the lifetime value of data centre technology through sustainable asset disposition, recycling and remarketing solutions. With its comprehensive portfolio of best-in-class decommissioning and data security services, ITRenew enables its customers to securely protect their data, maximise the value of their hardware assets, and have a positive impact on the environment through IT Asset circularity.