Haiki+

What Haiki+ does

Haiki+ S.p.A. is an Italian integrated environmental services company operating in waste management, recycling, and circular economy solutions. Founded in 2021 and headquartered in Milan, the company is publicly listed on Euronext Growth Milan (ticker: HAIKI) with a first corporate credit rating of B1- assigned by Modefinance in June 2025. The group operates through five divisions: Haiki Recycling (general urban, special, and hazardous waste), Haiki Mines (certified disposal of non-recoverable waste and landfill management), Haiki Cobat (textiles, photovoltaic modules, and end-of-life tires), Haiki Electrics (WEEE treatment across categories R1-R5), and Haiki Metals (lead and lead alloy production from end-of-life batteries, launched October 2025 following the Ecobat acquisition).

Haiki+ generates revenue through transaction fees for waste collection, treatment, and disposal; professional services for environmental consulting and circular economy advisory; and hardware sales of secondary raw materials recovered from processing streams. The company processes approximately 825,000 tonnes of waste annually, recovering 220,000 tonnes as valuable materials, and serves over 8,000 clients across Italy through approximately 620 employees and 20+ industrial plants concentrated in Northern Italy. Customers include industrial manufacturers, Italian municipalities, battery producers, electronics manufacturers, and textile/fashion companies; pricing is quote-based and customized rather than publicly disclosed.

The business model relies on regulatory tailwinds (Extended Producer Responsibility, EU mandatory textile collection from 2025, hazardous waste handling authorizations), physical infrastructure investment (treatment facilities, landfills, transport fleet via subsidiary Ultralog), and M&A-driven expansion (acquisitions of Ecobat, RaeeMan, and a 24.5% stake in IGERS Srl). Recent capital deployment includes a EUR 700,000 capital increase in April 2025, an additional USD 3.5 million raise in December 2025, and a USD 106.5 million bond issuance in April 2026 led by Kommunalkredit Austria and UniCredit, funding continued geographic and vertical expansion across textile recycling (San Pietro Mosezzo plant, 19,200 tonnes/year) and critical raw materials recovery (RarEarth neodymium MoU).

Name

Haiki+

Legal name

Haiki+ S.p.A.

Website

https://haikiplus.it

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Waste Management Services

NAICS

Waste Collection (5621), Hazardous Waste Treatment and Disposal (562211), Materials Recovery Facilities (56292), Waste Treatment and Disposal (5622)

SIC

Refuse Systems (4953), Hazardous Waste Management (4955), Sanitary Services (4950)

akta.pro primary industry

Commercial & Office Waste Collection (Non-hazardous) (EUAIAGAA)

akta.pro secondary industries

Industrial Hazardous Waste Services (Manufacturing, Refineries, Metals, Automotive) (EUAIAFAG), E-Waste (WEEE) Collection, Refurbishment & Recycling (IMAIAFAH), Industrial Laundry & Textile Waste Services (Non-hazardous) (EUAIAGAI)

Keywords

• Waste management services
• Recycling services
• Circular economy solutions
• Battery recycling services
• Electronic waste recycling

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Waste Management and Treatment Services: Fees for waste collection, treatment, and disposal services across all five divisions covering recycling, mining, battery recycling, electrical equipment, and metals
2. Environmental Consulting Services: Customized environmental consulting on sustainability principles and circular management for client compliance
3. Secondary Raw Materials Sales: Revenue from recovered materials and recycled products sold back into industrial supply chains
4. Consolidated Revenue: Group consolidated revenue of approximately EUR 200 million from integrated waste management operations

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Haiki+ is an integrated waste management group operating through five specialized divisions (Haiki Recycling, Haiki Mines, Haiki Cobat, Haiki Electrics, Haiki Metals) that provide collection, treatment, recycling and disposal services for urban, special, hazardous and non-hazardous waste. The company processes approximately 825,000 tonnes of waste per year across more than 20 industrial plants, recovering 220,000 tonnes annually as secondary raw materials and serving over 8,000 industrial, municipal and producer clients across Italy. It also delivers environmental consulting and R&D services supporting client transition to circular-economy operating models.

Product overview

Haiki+ is a single-partner waste management group offering integrated environmental services across five divisions: Haiki Recycling (sustainable waste management and recovery), Haiki Mines (certified disposal of non-recoverable waste), Haiki Cobat (collection and recycling of textiles, photovoltaic modules, and tires), Haiki Electrics (WEEE treatment and recovery), and Haiki Metals (lead recycling from end-of-life batteries). The group also provides environmental consulting and R&D services. With approximately 825,000 tonnes of waste handled annually, 8,000 clients served, and over 20 industrial plants across Italy, Haiki+ positions itself as an orchestrator of circular economy principles, transforming waste from a regulatory obligation into business opportunity.

Differentiator

Problem solved

Functional benefit

Brands

• Haiki Recycling: Sustainable waste management division handling urban, special and hazardous waste with proximity, recovery and safe disposal principles.
• Haiki Mines
• Haiki Cobat
• Haiki Electrics
• Haiki Metals
• IGERS

Products and services

• Haiki Recycling Sustainable waste management division handling urban, special, and hazardous waste. Operates in line with proximity, recovery, and safe disposal principles, transforming waste materials into new raw materials and energy sources. Serves industrial and municipal clients across Italy.
• Haiki Mines Specialized in certified disposal of non-recoverable waste, compliant with current regulations. Redefines final disposal by treating landfills as temporary storage sites. Operates landfill sites at Bedizzole, Bossarino and Ecosavona with EMAS registration.
• Haiki Cobat Integrated solutions for collection, treatment, and recycling of textile waste, photovoltaic modules, and end-of-life tires (PFU), leveraging a widespread presence across Italian territory. Includes the lithium-ion battery pilot under the EU DigiPrime project for electric mobility circular economy.
• Haiki Electrics Combines expertise of multiple companies specialized in collection, treatment, and recovery of WEEE (Waste Electrical and Electronic Equipment) in categories R1, R2, R3, R4, and R5, giving new life to specific fractions of electronic waste. Operates certified CDC RAEE treatment centers at Romano d'Ezzelino and Colotto.
• Haiki Metals Division dedicated to production of lead and lead alloys from end-of-life battery recycling. Manages all phases of the recycling process from treatment of spent batteries and lead-bearing waste through to metal smelting and refining. Strengthened by the July 2025 acquisition of Ecobat Resources Italy.
• IGERS Textile Recycling Facility Facility in San Pietro Mosezzo (Novara) dedicated to recovery of textile materials, authorized to treat approximately 19,200 tonnes of textile waste per year, recovering natural and synthetic fibers for reintroduction into production cycles including fashion, furniture, and padding sectors. Uses Tomra optical recognition systems for automated fiber sorting.
• Environmental Consulting Services Environmental consulting services grounded in sustainability principles and circular management, supporting companies in integrating circular-economy potential into their operations and ensuring regulatory compliance.
• Innovation and Development Services R&D services and development of innovative technologies, processes, and products, with a focus on business model evaluation and strategic roadmap establishment, conducted in partnership with technology companies, associations, research centers, and universities.

Quantifiable outcome

• Processes over 825,000 tonnes of waste per year
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• RarEarthminorStrategic or Co-development Partner · 26 January 2026Memorandum of understanding for neodymium recovery from permanent magnets, supporting critical raw materials circularity in electric mobility sector.
• Efeso Management ConsultantscoreImplementation/ SI/ Consulting Partner · 7 October 2025Launched 'Roadmap to Excellence' program with Efeso Management Consultants to drive operational excellence and strategic development across Haiki+ divisions.
• Ecobat Resources ItalycoreStrategic or Co-development Partner · 1 July 2025Acquisition of Ecobat Resources Italy strengthening Haiki+'s position as one of Italy's leading producers of recycled lead, integrating battery recycling capabilities.
• IGERS SrlcoreStrategic or Co-development Partner · 1 June 2025Haiki Recycling acquired 24.5% stake in IGERS through capital increase of EUR 700,000. Partnership aims to build Italy's first integrated textile recycling facility in San Pietro Mosezzo (Novara) capable of treating up to 25,000 tonnes per year. IGERS develops solutions for textile waste collection and treatment, transforming waste into reusable resources.
• CircularityminorStrategic or Co-development Partner · 12 March 2025Partnership with Circularity and MEET Digital Culture Center for the Porta Venezia Design District exhibition 'Realia' at Ecomondo. Project focused on WEEE circular economy awareness through art and technology.
• MEET Digital Culture CenterminorStrategic or Co-development Partner · 12 March 2025Partnership with Circularity and Haiki+ hosting the 'Realia' exhibition exploring the relationship between nature and digital environment through WEEE art installations.
• University of L'AquilaminorStrategic or Co-development Partner · 27 February 2025Partnership announced for collaboration on research and development of circular economy solutions, particularly in battery recycling and critical raw materials recovery.
• HumanaminorStrategic or Co-development Partner · 4 February 2025Partnership with Humana and IGERS for textile waste valorization. Collaboration focuses on developing solutions for collecting and processing textile waste from the fashion industry.
• TomracoreTechnology or Integration · 11 March 2024Technology partner providing optical recognition systems for automated textile sorting in IGERS recycling facility. Tomra's technology enables identification and separation of fiber types from textile waste.
• DigiPrime ConsortiumminorStrategic or Co-development Partner · 11 March 2024Haiki Cobat served as pilot responsible for lithium-ion batteries from electric mobility within the Horizon 2020 funded DigiPrime project (EUR 4.5M, 48 months). Project developed digital platform for circular economy enabling battery disassembly, testing, refurbishment, and re-commercialization tracking.
• Università degli Studi dell'AquilaminorStrategic or Co-development Partner · 18 February 2024Strategic partnership with university for joint research on circular economy and environmental technologies, including battery recycling projects under BATMAN initiative with MASE.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• A2A Ambiente: A2A Ambiente is the environmental services arm of Italian multi-utility A2A, providing integrated waste collection, treatment, and disposal across Northern Italy. Directly comparable to Haiki+ in geographic focus, multi-stream waste management, and industrial/municipal customer base.
• Hera Group: Hera is a major Italian multi-utility with significant waste management operations serving Emilia-Romagna and broader Northern/Central Italy. Comparable in integrated waste services, regulated operator status, and B2B/municipal customer mix.
• Iren Ambiente: Iren Ambiente is the waste management division of Italian multi-utility Iren, providing collection, treatment, and recycling services across Northern and Central Italy. Directly comparable in environmental services scope, geographic footprint, and integrated utility model.
• Acea Ambiente: Acea is an Italian multi-utility with growing waste-to-energy and circular economy operations, particularly in Central Italy (Lazio). Comparable in multi-stream waste management, WEEE processing, and commitment to EU circular economy targets.
• Gruppo Marazzato: Italian family-owned waste management specialist handling hazardous and non-hazardous industrial waste across Northern Italy. Comparable in hazardous waste handling, industrial customer focus, and specialized treatment capabilities.
• Renewi: European waste-to-product company operating across Belgium, Netherlands, and UK with industrial and commercial waste streams including hazardous waste. Comparable as a publicly-listed mid-cap integrated waste management peer with circular economy focus.
• Ecobat: European leader in battery recycling and lead production with operations in Italy, UK, Germany, and France. Directly comparable as Haiki+ acquired Ecobat's Italian operations in July 2025; represents the parent company of the asset Haiki+ absorbed into its Metals division.

Broad incumbents

• Veolia Italia: Italian subsidiary of global environmental services giant Veolia, providing waste management, water, and energy services across Italy. Comparable in full-service waste capabilities and hazardous waste handling, with materially larger scale and geographic reach.
• Suez Italia: Italian operations of Suez Group, providing water and waste management services across Italy with strengths in recycling and circular economy solutions. Comparable in WEEE, industrial waste, and resource recovery offerings, with broader international parent support.
• Remondis: German-headquartered family-owned waste management company with significant Italian operations through Remondis Italia. Comparable in industrial waste services, recycling operations, and pan-European environmental services positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries10 records

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 Haiki+