Hinckley Recycling

What Hinckley Recycling does

Hinckley E-Waste Recycling Limited is a Nigerian company developing Nigeria's first large-scale battery recycling facilities in Ogun State. The company addresses a critical infrastructure gap in Nigeria's electronic waste management, particularly for end-of-life batteries from industrial, commercial, and government sources, including the growing renewable energy sector. Its core offering involves constructing and operating specialized battery recycling facilities with proprietary processing technology for batteries and e-waste, positioning it as a first-mover in the Nigerian market for large-scale battery recycling. The company is backed by impact investors including All On ($1.5 million, September 2025), Goodwell Investments, and Alitheia Capital.

The company's business model is service-based, generating revenue from processing and recycling batteries and electronic waste through direct B2B relationships. It employs a sales-led go-to-market strategy targeting enterprise and government customers, with pricing negotiated directly rather than publicly disclosed. The company serves two primary customer segments: industrial and commercial businesses with battery disposal needs (particularly in renewable energy), and government entities requiring e-waste management and environmental compliance. It also operates through a subsidiary, Hinckley Group Africa, which serves as a Canon authorised service centre providing printer and multifunction device repair services in Nigeria.

Hinckley is headquartered in Lagos, with manufacturing/production operations planned in Ogun State. The company has 1-10 employees, consistent with its pre-commercial or early-commercial stage as facilities remain under development. Its GTM motion relies on partnerships with impact investment firms and PR/earned media channels rather than traditional marketing, leveraging investor credibility for market access.

Name

Hinckley Recycling

Legal name

Hinckley E-Waste Recycling Limited

Website

https://hinckley-recycling.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Hinckley E-Waste Recycling Limited is a Nigerian company developing Nigeria's first large-scale battery recycling facilities in Ogun State. It serves industrial, commercial, and government customers requiring end-of-life battery and electronic waste management solutions.

Ownership category

akta.pro rank

Product category

Battery and E-Waste Recycling Services

NAICS

Hazardous Waste Treatment and Disposal (562211), Waste Treatment and Disposal (5622), All Other Waste Management Services (56299)

SIC

Hazardous Waste Management (4955), Refuse Systems (4953)

akta.pro primary industry

Battery Recycling & Management (Lithium-ion, Lead-acid) (BPALAIAF)

akta.pro secondary industries

Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE), Battery Collection & Logistics (Sorting, Packaging, Transport Compliance) (EUAIAIAE), Electronics Dismantling & Pre-processing (Depollution, Sorting, Shredding) (EUAIAIAC), Battery Recycling, Second-Life & Remanufacturing (IMAGAHAL)

Keywords

• Battery recycling services
• Electronic waste management
• E-waste disposal
• Battery recycling facilities
• Renewable energy recycling

Headquarters

HQ city

Ikeja

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel

Revenue model

1. Battery Recycling Services: Revenue generated from processing and recycling batteries and electronic waste. The company develops and operates recycling facilities to serve industrial, commercial, and government customers in Nigeria.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Hinckley E-Waste Recycling Limited develops and operates large-scale battery recycling facilities in Nigeria, with the first such facility being constructed in Ogun State. The company processes batteries and electronic waste from industrial, commercial, and government customers, providing end-of-life management solutions that support Nigeria's renewable energy expansion and address environmental hazards from improper e-waste disposal.

Product overview

Hinckley E-Waste Recycling Limited operates as an e-waste recycling company specializing in battery recycling facilities. The company is constructing Nigeria's first large-scale battery recycling facilities in Ogun State, with investments from Goodwell Investments, Alitheia Capital, and All On. The facilities aim to improve electronic waste management, support renewable energy expansion, and create jobs in Nigeria's environmental sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Hinckley E-Waste Recycling - Battery Recycling Facilities

Quantifiable outcome

• Job creation through facility construction and operation in Nigeria

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Emerging players

• Aceleron: Company focused on second-life and serviceable lithium battery packs; adjacent peer on battery lifecycle and end-of-life management.
• Hydrovolt: Norwegian EV battery recycling venture; comparable as a recently-built dedicated battery recycling facility serving the energy-transition battery waste stream.
• Fortum Battery Recycling: European battery recycler focused on lithium-ion material recovery; comparable on core recycling activity serving energy and EV battery streams.

Regional players

• Slot Systems: Nigerian electronics retailer and service operator involved in e-waste take-back and device handling; comparable on Nigerian electronics/e-waste footprint.
• RecyclePoints: Nigeria-based recycling company collecting and processing post-consumer waste; directly comparable on geography, recycling business model, and Nigerian customer base.
• WEEE Centre: Kenya-based e-waste and battery recycler serving African enterprise and government clients; comparable on offering and emerging-market e-waste focus in a different territory.

Direct peers

• ACE Green Recycling: Lithium and lead-acid battery recycler targeting emerging markets with lower-capex processing; directly comparable on battery recycling offering and developing-market positioning.
• Li-Cycle: Pure-play lithium-ion battery recycler recovering critical materials; shares the same core activity of large-scale battery recycling though at far greater scale and capitalization.

Broad incumbents

• Redwood Materials: Large U.S. battery recycling and materials company recovering metals for new batteries; overlaps on battery recycling but with vastly larger scale and vertical integration.
• Umicore: Global materials group with a major battery recycling division; comparable in activity but operates broadly across materials and at industrial global scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hinckley Recycling