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Reclay Group acquires majority share of Tanzer Consulting in Vienna

Expansion of business activities in Central and Eastern Europe – branch offices in Slovakia, the Czech Republic, Hungary and Slovenia

Vienna/Cologne, 11.07.2012

The Reclay Group has acquired 74.9 per cent of the shares in Tanzer Consulting GmbH, headquartered in Vienna. Since 2002 Tanzer Consulting has provided consultancy services in the area of environmental and waste management in Austria and also in Slovakia, the Czech Republic, Hungary and Slovenia.

Shareholder of the Reclay Group Raffael A. Fruscio commented: “By acquiring the majority share of Tanzer Consulting, the Reclay Group is taking an important step in the expansion of business activities in Central and Eastern Europe. With our own branch offices in Slovakia, the Czech Republic, Hungary and Slovenia, we are now able to offer transnational licensing and disposal solutions for our internationally operating customers.” The range of services is aimed at companies, collection and recycling systems, local authorities, ministries, organisations and waste disposal companies. “We are looking forward to continuing and expanding on our many years of successful, trusting work with the Reclay Group,” commented Eva Maria Kassl, managing director of Tanzer Consulting.

About the Reclay Group

The Reclay Group is a group of companies in the area of environmental and waste disposal management. With its specialist subsidiaries, it offers a comprehensive service that provides efficient and legally compliant packaging disposal and recycling, and also sustainable management. The Reclay Group, which is managed by its owners Martin Schürmann and Raffael A. Fruscio, employs 130 people at its sites in Cologne, Herborn, Vienna and Rotkreuz/Switzerland. The Reclay Group currently provides consultancy services for over 400 companies from trade and industry and continues to grow. It generated sales of around EUR 135 million in the financial year 2010 as an independent group of companies that is equity financed.

About Tanzer Consulting GmbH

Tanzer Consulting GmbH is a consultancy company offering a broad spectrum of services in the area of environmental and waste management. With its customers and partners, Tanzer Consulting has become successfully established on an international level and the company has enjoyed thriving collaboration. In addition to the conventional optimisation of waste management in businesses, customers benefit from the extensive knowledge of its experts in the branch offices in Slovakia, the Czech Republic, Hungary and Slovenia. An additional important focus is the organisation and execution of seminars and workshops, and also international project management.