Vyta

  • About Us
    • The Vyta Team
    • Certifications
    • Awards
    • Our Mission and Values
    • IT Asset Disposal vs Disposition
  • Our Services
    • ITAD – IT Asset Disposal Service
    • IT Equipment Resale and Revenue Return
    • Hard Drive Shredding – DiskShred
    • WEEE Recycling
    • Secure Data Destruction
    • IT Services
    • Refurbished IT
  • ESG
    • Sustainability Report FY2023-24
  • Global ITAD
  • News
  • Resources
    • Educational Guides
    • Case Studies
    • Downloadable Content
    • Videos
  • Careers
    • Recruitment Policies
  • Contact
  • Get a Quote

Vyta to invest €4M in acquisitions and 30 new jobs

Announcing AMI’s €4 million investment and 30 new jobs are
chairman, Rob Clarke and CEO, Philip McMichael

Vyta, Ireland’s leading secure IT recycling company today announces that it will create 20 new jobs in the next two years, bringing its total workforce to 85 by 2021. The new roles will be shared across Vyta’s Dublin and Belfast locations, whose premises will also be expanded, as part of a strategic €4 million investment.

Vyta will leverage the investment to grow through targeted acquisition in both the UK and Ireland, focusing on complementary businesses and IT installation companies. UK acquisitions and investments in Vyta’s subsidiary, DiskShred, will allow the company to extend its service offering in international markets. DiskShred currently provides secure on-site hard drive and media shredding services to 13 countries throughout Europe.

The investment will also facilitate the growth of Vyta’s recently launched deployment and relocation service, which provides organisations with a secure way of managing IT refreshes and office moves. The service is forecasted to generate more than €1.15 million in revenue over the next 24 months.

The funding behind the total €4 million investment derives from an external investment of €570,000 from investor Rob Clarke, retained shareholder earnings of €1.71 million and debt finance of €1.71 million. Rob Clarke will also be appointed to Vyta’s board as chairman, providing guidance on the company’s growth journey and expansion plan.

Rob Clarke, chairman, Vyta, said: “Vyta is a great example of an Irish business success story, establishing itself during the recession and going from strength to strength since then – creating employment opportunities in both Dublin and Belfast. It’s refreshing to see a company not rest on its laurels but instead pursue ambitious growth targets with a clear expansion plan in mind. In my role as chairman, I hope to use my experience to help Vyta achieve these goals and to consolidate its position as the leading IT recycling company on the island of Ireland.”

The investment comes as Vyta marks a significant period of recent growth, having more than doubled its workforce from 25 to 60 in the last three years, and growing revenues by over 50% in the past two years to €8.1 million.

Commenting on today’s announcement, Philip McMichael, managing director, Vyta, said: “Vyta has had another stellar year in 2018 and we’re seeking to capitalise on our current growth with this strategic investment. The requirement of organisations to show compliance with GDPR legislation by securely disposing old IT equipment is fuelling demand for our services. The additional hires, expanded premises and the development of our technology and service capabilities will all support us in meeting this increasing demand.

“Acquisition is another key business strategy for us. We will remain on the lookout for other IT disposal and IT installation businesses with matching values that can easily integrate into the company, allowing us to quickly enhance our offering. Vyta is on a strong growth trajectory and we’re looking forward to welcoming new team members who’ll share our excitement for the journey ahead.”

About Vyta

Vyta helps organisations manage the secure retirement of their end-of-life IT, mobile and electrical equipment. Established in 2001, it has grown to be a world leader in securely managing IT retirement, as evidenced by its ranking among the top four ADISA, audited companies, and only one in Ireland. It leads based on its ability to minimise the risk of harmful data leaks from retired equipment; its exceptional customer service; and its ability to generate new revenue streams for customers post the refurbishment and resale of data sanitised devices. Its security-conscious public and private sector customers include central and local government agencies, as well as 35% of Ireland’s top 200 ICT user companies. www.vyta.com

Filed Under: News Tagged With: Belfast, dublin, Secure IT Recycling

Search

Latest News

Vyta and Evad join forces to support ISPCA with sustainable technology donation

IT asset disposition (ITAD) and IT asset lifecycle management (ITALM) firm Vyta has partnered with leading Irish technology solutions provider, Evad Technology Group to wipe, refurbish and donate 7 laptops to the ISPCA following their … More...

Vyta expands global presence with £800k investment in new Frankfurt facility

Leading IT asset disposition (ITAD) and IT asset lifecycle management (ITALM) firm Vyta has extended its global presence with an £800K investment in a new facility in Frankfurt. The new Vyta GmbH site is now open for operations having … More...

Vyta secures global ITAD contract with Aon to deliver sustainable solutions worldwide

Vyta, a leading provider of secure IT Asset Disposition (ITAD) and Lifecycle Management (ITALM), has been selected by global professional services firm Aon to deliver a secure, sustainable, and centrally-managed global ITAD programme across … More...

Vyta logo, Trusted in Data Security, ITAD, and IT Recycling. Expert in Data Shredding and Secure Data Destruction in UK and Europe

Vyta provides sustainable, secure and cost-effective solutions for the responsible management of your IT asset lifecycle. Our services are key to protecting your data, maximising value, managing corporate risk and meeting sustainability goals.

Vyta are winners of the Kings Award for Sustainable Development in 2024

CONTACT US

info@vyta.com
+44 (0) 28 9084 7913

Vyta Great Britain
Vyta
Unit 28 Little Boyton Hall,
Roxwell, Chelmsford CM1 4LN, United Kingdom
Tel +44 (0) 33 0551 9983

Vyta Republic of Ireland
Vyta
Unit 66 Block 503, Greenogue Business Park
Rathcoole, Dublin D24 F300, Ireland
Tel +353 (0) 1257 3232

Vyta Northern Ireland
Vyta
Unit 1 Mallusk View, Central Park
Newtownabbey BT36 4FR, Northern Ireland
Tel +44 (0) 33 0551 9983

Vyta Germany
Vyta
Am Aspenhaag 5
65451 Kelsterbach
Germany
Tel +49 6107 7798991

Privacy Policy | Cookie Policy | Modern Slavery Policy |
PAS2060 Qualifying Explanatory Statement

  • LinkedIn
  • Twitter

Copyright Vyta Ltd © 2025