Tuesday, January 13, 2009

ROUND2 Acquires CRT Recycler Monitex

ROUND2 Inc., a provider of recycling services for domestic corporate and municipal clients, announced Monday that it has acquired Monitex LLC. Financial terms of the transaction were not disclosed. Headquartered in Grand Prairie and founded in 2002, Monitex specializes in the recycling of devices containing cathode ray tubes (such as computer monitors and televisions). According to ROUND2, Monitex processed more than 36 million pounds of CRT products in 2008 and diverted more than 7 million pounds of lead from landfills. ROUND2 noted that, as a result of the acquisition, the combined company will operated under the trade name Round2 Monitex, effective immediately.