3/7/2008 11:40:00 AM
Fonebak changes name to Regenersis
Phone recycling and repair company Fonebak plc, of which Fonebak, CRC Group and Intec Distribution were all a part, has become Regenersis plc.
The move represents the coming together of the diverse parts of the company's business - under a common name and direction.
Regenersis supports the entire lifecycle of high-value technology products like mobile phones, mp3 players, and satellite navigation systems.
The name change comes as Regenersis revealed promising half year results for the six months to the end of December 2007.
Sales increased by 42% to £55m helping the company to profits of £2.8m compared with a loss of £300,000 in the previous year.