A Whitefield company has announced a £25m investment into a firm to create one of the largest "full circle" IT hardware businesses in the UK.

The Whitefield winner of the Queen’s Award for Enterprise, Tier 1, will now gain an additional base in Essex following the deal with EOL IT Services Ltd.

Jonathan Rose, founder and CEO of Tier 1, was delighted to welcome Dan Smith and the EOL team into the group, adding that EOL’s reputation and respectability will enhance both senior management teams and service offerings.

He said: “With a combined 70,000 square feet of operational facility and 115 employees, we now have the platform to build the business into the UK’s leading IT circular economy organisation, with positive environmental impact at the heart of our offering.”

The company recovers IT assets and securely wipes all data, refurbishing and re-selling equipment whilst helping to tackle the growing environmental challenge of "e-waste".

Essex-based EOL is a technology recycler, with long-standing relationships with several government departments and blue-chip clients.

EOL managing director, Dan Smith said: “Tier 1 shares our passion and commitment for providing businesses with secure, sustainable and environmentally sound solutions for the recycling of IT equipment.

“Having operational bases in the south and the north will provide strategic logistical advantages and reduce our carbon emissions.

“Demand for sustainable computing equipment is increasing all the time, and this move will provide our clients and businesses with more access to carbon-saving sustainable computers and laptops, as well as all other manner of IT equipment.”

Tier 1 is one of the largest ITAD businesses in the UK and hopes this investment and other opportunities will help cement its place as a market leader in Britain.