The Codeo Group, which has specialized in the re-use of professional IT equipment since 2005, has announced sales of 30 million euros in 2020, 49% of which will come from exports, via its 3 subsidiaries: Codeo, Remober and Codeo Medical. These results confirm the growing demand among companies for reconditioned IT equipment and the Group’s alternative, pioneering positioning:

• The diversification of its expertise across all major ranges of IT equipment via its 3 subsidiaries: barcode traceability equipment, checkout equipment, payment terminals, office equipment, printing, smartphones, tablets, medical equipment, etc.
• The development of a wide range of IT asset management services: purchase of reconditioned equipment, trade-in of old equipment, maintenance, rental, etc.
• An ambitious export strategy, with the deployment of 5 technical centers in Germany, Spain, France, Poland and the UK.

“In 2020, more than ever, we were able to support our customers through complicated periods of their business. Thanks to our expertise in
refurbished IT equipment and in all the services that that accompany the life of IT fleets, we have been able to make life easier for in this period of crisis, and have enabled them to find alternative when their usual partners were no longer able to support them. 2020 has also strengthened our export strategy, which enables us to operate a local circular economy closer to our European customers”. FRANÇOIS AMIOT – co-funder of Codeo Group.

3 subsidiaries committed to the circular economy for businessesWith over 170 employees in 5 European countries (Germany, Spain, France, Poland, United Kingdom), the Codeo Group promotes re-use as an economical and ecological alternative for companies in the management of their IT equipment. ecological alternative for companies in the management of their IT equipment.

What is the outlook for the Codeo Group in 2021?

• Increase its French and European technical and logistical capacity with the acquisition of a new 9,000m² logistics and technical center in the Lyon region.
• Pursue the development of its subsidiaries, with a target of 20% growth in sales and an increase in the number of employees from 170 to 200 in Europe.
• Continue to promote the circular economy and exemplarity through
  through its CSR policy