MTB

What MTB does

MTB (More Than Business), legally MTB Recycling, is a privately held French industrial company founded in 1981 and headquartered in Saint Chef, Isère, France. The company operates a distinctive dual business model: it both manufactures industrial waste recycling equipment and operates recycling services. This combination provides firsthand operational knowledge that informs equipment design.

The company's core product portfolio includes pre-shredders, shredders, granulators, rotary shears, and sorting equipment used to process complex industrial waste streams including aluminum scrap, WEEE (electronic waste), end-of-life vehicles (ELV), automotive shredder residue (ASR), batteries, cables, tires/rubber, and pulper waste. Its flagship recent innovation is the MaX, a compact turnkey recycling system designed to bring recycling capability to mid-market customers with quick return on investment. All equipment is manufactured in France. Beyond hardware, MTB provides engineering and integration services for customized turnkey recycling line design and installation.

MTB generates revenue through two primary streams: hardware sales of recycling equipment (sold individually or as integrated systems) and professional services for turnkey system engineering, design, and integration support. The company employs 235 people, generated €120 million in sales in 2024, and has sold more than 5,000 machines since 1981. Its customer base spans blue-chip enterprises across recycling services (Paprec, Veolia, Suez, Derichebourg), automotive (Renault, Stellantis), EV battery manufacturing (Verkor), metals (Gindre, Lebronze Alloys), mining/commodities (Glencore), and construction materials (Vicat). Distribution is exclusively direct enterprise field sales with engineering consultation, and the company participates in major industry trade shows (Pollutec, IFAT, ReMA, Interbattery, ICBR).

Name

MTB

Legal name

MTB Recycling

Website

https://mtb.fr

Company type

Private

Founded year

1981

Operating status

Operating

Short description

MTB Recycling is a French industrial company that manufactures recycling equipment—including shredders, granulators, and sorting systems—and operates recycling services for complex waste streams like WEEE, batteries, automotive scrap, and cables, serving enterprise customers globally with €120M in 2024 revenue.

Ownership category

akta.pro rank

Product category

Industrial Recycling Equipment

NAICS

Materials Recovery Facilities (56292), Materials Recovery Facilities (562920), Hazardous Waste Collection (562112)

SIC

Sanitary Services (4950), Refuse Systems (4953)

akta.pro primary industry

Commercial & Industrial (C&I) Recycling Processing (BPALADAC)

akta.pro secondary industries

Electronics Recycling & Material Recovery (Dismantling/Separation) (BPALAIAE), Electronics Dismantling & Pre-processing (Depollution, Sorting, Shredding) (EUAIAIAC)

Keywords

• Industrial recycling equipment
• Waste shredding machinery
• Metal scrap processing
• WEEE recycling solutions
• Cable recycling systems

Headquarters

HQ city

Saint-chef

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Recycling Equipment Sales: Sale of industrial recycling equipment including pre-shredders, shredders, granulators, rotary shears, and sorting equipment. Equipment is sold as standalone machines or as integrated systems.
2. Turnkey System Engineering: Engineering and integration services for complete recycling solutions, including system design, installation support, and customized solutions for complex waste processing lines.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

MTB manufactures and sells industrial waste recycling equipment, including pre-shredders, shredders, granulators, rotary shears, and sorting equipment, alongside the compact MaX turnkey recycling system. The company also operates its own industrial waste treatment services, processing complex waste streams such as aluminum scrap, WEEE, batteries, cables, ferrous scrap/ASR/ELV, tires, and pulper waste for enterprise customers worldwide.

Product overview

MTB (More Than Business) is a recycling equipment manufacturer and recycler offering a portfolio of industrial waste recycling solutions. The product line includes core equipment categories—Pre-shredders, Shredders, Granulators, Rotary Shears, and Sorting equipment—along with the compact MaX turnkey recycling line. The company also provides waste treatment services and turnkey engineering solutions for customized recycling systems. All equipment is manufactured in France (Saint Chef, Isère) and handles diverse waste streams including aluminum, batteries, cables, WEEE, ferrous scrap/ASR/ELV, pulpers, tires/rubber, and common industrial waste.

Differentiator

Problem solved

Functional benefit

Brands

• MaX: Compact and efficient recycling solution for complex industrial waste. The MaX offers a complete, turnkey solution designed to handle a wide range of wastes, combining performance, simplicity and accessibility with quick return on investment.

Products and services

• MaX The MaX is a compact, turnkey recycling solution designed to make recycling of complex industrial waste accessible to a broad range of operators, handling a wide range of wastes and offering complete transformation of waste into secondary raw materials on-site with quick return on investment. Targeted at enterprises seeking compact recycling systems for cables and other complex industrial waste.
• Pre-shredders Industrial pre-shredding equipment for initial size reduction of waste materials at the front end of recycling processing lines. Designed for enterprise recycling operations processing complex industrial waste streams.
• Shredders Industrial shredding equipment for processing a wide range of waste streams including aluminum scrap, batteries, cables, WEEE, ferrous scrap, pulpers, tires, and common industrial waste. Targeted at enterprise recycling facilities and industrial processors.
• Granulators Granulation equipment for producing fine processed materials from recycled waste streams. Used by enterprise recycling and materials recovery operations.
• Rotary Shears Rotary shear equipment for precise cutting and processing of recyclable materials in industrial recycling lines. Targeted at enterprise recycling and waste processing operations.
• Sorting equipment Material sorting equipment for separating and classifying recycled materials by type, size, or other characteristics at the end of recycling processing lines. Used by enterprise recycling facilities.
• Turnkey recycling solutions Engineering services providing customized complete recycling system integration, from design to installation, maximizing efficiency and product quality while ensuring operator safety and comfort. Offered to enterprises with complex or one-off recycling line requirements.
• Waste treatment services Industrial waste processing and recycling services handling complex waste streams including aluminum, batteries, cables, WEEE, ferrous scrap, tires, and common industrial waste. Performed in-house by MTB as a complement to equipment manufacturing.
• EV battery pre-treatment solution Pre-treatment solution for the recycling of electric vehicle batteries, enabling safe handling and processing of potentially hazardous battery materials prior to further recovery stages. Targeted at EV battery manufacturers and battery recycling facilities.

Quantifiable outcome

• 120 million euros in sales in 2024 demonstrating commercial scale
• +1 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• French FabcoreStrategic or Co-development PartnerMTB is part of the French Fab network, which embodies the refoundation of French industry. It represents thousands of SMEs, ETIs and major groups on French territory that represent an innovative, exporting industry open to developments in digital, new technologies and green economy.
• Trusted Equipment PartnerssupportingTechnology or IntegrationMTB works with trusted partners who share their values and quality requirements to complete each stage of waste processing lines. These partners provide complementary equipment and services for complete recycling solutions.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• TOMRA: Norwegian-based sensor-based sorting and recycling technology leader serving global waste management. Adjacent incumbent rather than direct competitor in shredders, but a buyer or consolidator of recycling-tech stack components.
• Metso: Finland-listed industrial OEM providing crushing, screening, and recycling equipment across mining, aggregates, and metal recycling. Broad incumbent with overlapping sorting and size-reduction capabilities.

Emerging players

• Forrec: Italian designer of shredders and integrated recycling systems for industrial waste, WEEE, tires, and refrigerants. Growing niche competitor with strong presence in turnkey system integration similar to MTB's MaX.

Direct peers

• UNTHA Shredding Technology: Austrian manufacturer of industrial shredders for wood, waste, metal, and confidential material destruction. Closest like-for-like competitor in robust, single-shaft/four-shaft shredding technology sold globally.
• Danieli Centro Recycling: Italian-based supplier of plants and equipment for metal scrap and shredder-feed processing, including ELV/ASR systems. Competes with MTB in automotive scrap recovery and rotary shear/shredder supply.
• Stokkermill: Italian manufacturer of shredders, granulators, and turnkey plants for metal, cable, WEEE, and tire recycling. European direct peer especially relevant for cable/copper recovery competing head-to-head with MTB MaX.
• Wendt Corporation: US-based manufacturer of separation, processing, and value-recovery equipment for e-scrap, metals, and confidential destruction. Comparable in WEEE and metal recovery equipment with global reach.
• Vecoplan: German-headquartered manufacturer of industrial shredders, grinders, and conveying systems for waste, recycling, and plastics processing. Direct competitor in shredding/granulation equipment with overlapping customer base in WEEE and industrial waste.
• Shred-Tech: Canadian manufacturer of shredders and size-reduction systems for solid waste, hazardous waste, and recycling streams. Direct competitor in heavy-duty industrial shredders and turnkey recycling plants.
• Lindner-Recyclingtech: Austrian manufacturer of shredders and complete recycling systems for commercial, industrial, and shredder-light waste streams. Directly competing for turnkey pre-processing lines including WEEE and ELV.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about MTB