Acquires majority share of UK mobile phone refurbishing, recycling and fulfillment specialist

Bamboo has developed ambitious growth plans for the next 10 years to achieve its full potential in the mobile industry. It was clear that to reach our goals a suitable strong, experienced partner would be beneficial to support the next stage of our growth.

We are confident that with this partnership and investment we will continue to expand our business and provide additional valuable services to the mobile industry.

Rubicon’s investment will support Bamboo’s expansion plans into Europe with its already healthy and stable established partners as well as bring with it lots of exciting opportunities
to expand our services to our customers.

This next step in the evolution of our business will without doubt be presented with new opportunities for all our colleagues to continue to grow and develop with the business.

Andrew Fischer, a Founder and Joseph Boucher, a Principal at Rubicon will join Bamboo Distribution’s board of directors. Both bring a wealth of knowledge and experience and together will coordinate driving the growth opportunities that exist within the business.
Bamboo Distribution’s current directors will continue driving the business forwards, together with the 12-strong senior management team and talented 95 employees in the company.

Read the full press release here