Passenaud Recycling

What Passenaud Recycling does

Passenaud Recyclage (SAS) is a family-owned intermediate-sized enterprise (ETI) founded in 1907, headquartered in Champagné (Sarthe, France) and operating 14 licensed sites across more than 10 departments of the Grand Ouest region. The company provides integrated waste management services covering ferrous and non-ferrous metals, end-of-life vehicles (VHU), batteries, paper and cardboard, plastics, inert construction waste, wood, hazardous waste, and mixed non-hazardous waste. Operations are anchored by 12 VHU centres and a dedicated shredder processing approximately 18,000 tonnes of end-of-life vehicles per year, plus regional sorting hubs such as the 6.7-hectare Flers/Le Feuvrier facility, which treated 65,000 tonnes in 2025.

The technology base is industrial rather than digital: mechanical sorting lines, metal shredding and separation equipment, baler and shear presses, compactors, ADR-certified suction/hydrocureur vehicles (via subsidiary MPSE), and a fleet of 11,500 bins, 150 compactors, 140 truck units and 90 handling machines. Service delivery is direct via field-sales commercial teams that characterize client waste streams, ensure regulatory compliance, and provide real-time traceability through the state-mandated TRACKDECHETS system. Eco-organism accreditations (EcOLOGIC for WEEE, Recycler Mon Véhicule for VHU) and on-site co-built solutions (mini-déchetteries, briquetting) are part of the offering.

Passenaud's revenue model combines transaction-fee collection and treatment services for industrial, municipal and artisanal clients with a commodity-trading model in which the company purchases recyclable materials (metals, paper, cardboard, plastics) from industrial producers, craftsmen, and scrap dealers, then sorts, processes, and resells them to downstream recycling channels. Managed-service revenue comes from co-built decarbonation solutions and consulting. Customer segments are diversified across industries, local authorities, artisans, individuals, and scrap dealers, with a long-tail rather than concentrated account structure. The company is investing €40 million over 2025-2028 to modernize all 14 sites and took a significant equity stake in Metal Resource (Loire-Atlantique) in July 2025, forming the Passenaud Metal Resource brand for non-ferrous metals.

Name

Passenaud Recycling

Legal name

SAS Passenaud Recyclage

Website

https://passenaud.fr

Company type

Private

Founded year

1907

Operating status

Operating

Headcount range

11–50 employees

Short description

Passenaud Recyclage is a family-owned French ETI founded in 1907 that operates 14 licensed waste-management sites across the Grand Ouest, providing collection, sorting, treatment, and recovery services for metals, VHU, hazardous waste, and other streams to industrial, municipal, artisanal, and individual clients.

Ownership category

akta.pro rank

Product category

Waste Management and Recycling Services

NAICS

Waste Collection (56211), Solid Waste Collection (562111), Hazardous Waste Collection (562112), Materials Recovery Facilities (56292), Materials Recovery Facilities (562920), 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

C&D Transfer Stations & Consolidation (BPALAJAB), E-waste & Universal Waste Collection/Transfer (Electronics, Lamps, Batteries) (EUAIABAG), Recyclables Transfer & Consolidation (Single/Source-Separated) (BPALABAD), Inert / Monofill Disposal (Ash, Sludge, C&D Fines, Contaminated Soils) (EUAIACAE), Recycling & E-Waste Collection/Hauling (HSAKALAJ)

Keywords

• Waste management services
• Metal recycling services
• End-of-life vehicle processing
• Hazardous waste management
• Industrial waste collection

Headquarters

HQ city

Champagne

HQ country

France

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Waste Collection and Treatment Services: Core B2B/B2G revenue from collecting, sorting, treating and recovering waste streams (ferrous/non-ferrous metals, VHU, batteries, paper, cardboard, plastics, construction waste, hazardous waste). Services are billed based on volume collected, transport logistics, and processing complexity.
2. Metal and Material Purchasing: Passenaud purchases recyclable materials (metals, paper, cardboard, plastics) from industrial producers, craftsmen, and scrap dealers. Materials are then sorted, processed, and resold to downstream recycling facilities, generating margin on the commodity.
3. Co-built Decarbonation Solutions: Co-constructed waste reduction solutions (on-site mini-déchetteries, briquetting, custom sorting guides) sold alongside core collection services as part of comprehensive client partnerships.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Passenaud Recycling provides integrated waste management and recovery services across multiple waste streams including ferrous and non-ferrous metals, end-of-life vehicles, batteries, cardboard and paper, plastics, inert construction waste, wood, hazardous waste, and non-hazardous mixed waste. Services span the full lifecycle from on-site consulting, collection, sorting, and treatment through to material recovery and resale to downstream recycling channels. The company also offers co-built decarbonation solutions such as on-site mini-déchetteries, briquetting equipment, and personalized sorting guides, supported by a fleet of 11,500 bins, 150 compactors, 140 truck units, and 90 handling machines operating across 14 licensed sites.

Product overview

Passenaud Recycling is a family-owned ETI (intermediate-sized enterprise) providing integrated waste management services since 1907. The company operates 14 approved sites across Western France with 240+ employees, offering a comprehensive portfolio of waste stream handling: ferrous and non-ferrous metals, end-of-life vehicles (VHU), batteries, cardboard/paper, plastics, inert construction waste, wood, and hazardous materials. Core services include waste collection, sorting, treatment, and material recovery, supported by a fleet of 11,500 bins, 150 compactors, and 90 handling units. Add-on services include consulting/co-built client solutions (on-site mini-déchetteries, briquetting equipment), and MPSE subsidiary provides pumping/hydro-cleaning services. Recent investment of 40 M€ over 3 years funds site modernization. The company entered the capital of Metal Resource in 2025, forming 'Passenaud Metal Resource' for non-ferrous metal operations in Loire-Atlantique.

Differentiator

Problem solved

Functional benefit

Products and services

• Metal Recycling (Ferrous and Non-Ferrous) Collection, sorting, and recovery of ferrous metals (steel, cast iron, scrap) and non-ferrous metals (copper, brass, bronze, aluminum, zinc, lead) from industrial, commercial, and individual sources.
• Non-Ferrous Metals Processing Specialized processing of non-ferrous metals including copper, brass, aluminum, stainless steel, zinc, and lead, serving as a partner of ECOLOGIC for WEEE collection and recycling.
• End-of-Life Vehicle (ELV/VHU) Processing Collection, depollution, and dismantling of end-of-life vehicles at 12 approved VHU centers, with a dedicated shredder processing approximately 18,000 tonnes annually. Since May 2025, referenced by Recycler Mon Véhicule for compliance and traceability.
• Battery Collection and Recycling Collection of lead-acid batteries across all sites, sent to specialized treatment centers for recycling with 72% lead recovery and near-100% plastic recycling. Lithium batteries handled with specific safety protocols.
• Cardboard and Paper Recovery Collection and processing of cardboard packaging and paper products, with a 79.2% recovery rate. Services include provision of bins and containers for sorting at source.
• Plastic Recycling and PE Film Recovery Collection and recycling of plastics with emphasis on PE films (stretch, shrink, natural, colored). Production of granules used for electrical sheathing or fibers for textiles and packaging.
• Inert Waste Management (Construction/Demolition) Management of inert construction and demolition waste including stones, concrete, bricks, tiles, and ceramics. Supports compliance with AGEC law 7-flow sorting requirements.
• Wood Waste Recovery Collection and recovery of wood waste classified by treatment level: Class A (untreated), Class B (lightly treated/painted), with Class C (toxic treatment) refused. Supports 7-flow sorting compliance.
• Hazardous Waste Management Safe collection, transport, and treatment of hazardous waste including used oils, solvents, paints, contaminated packaging, and polluted sludges. 75% processed through recycling or recovery channels, with full TRACKDECHETS traceability.
• Non-Hazardous Mixed Waste Processing Processing of non-hazardous mixed waste including residual packaging, production waste, and bulky items. After sorting, 35% goes to material recovery and 65% to energy recovery (incineration, landfilling).
• Container and Equipment Fleet Services Fleet of 11,500 bins, 150 compactors, 140 truck units, and 90 handling machines available for client waste collection, including closed bins, multi-sling bins, drum/cubis containers, and fixed or decouplable balers.
• On-Site Consulting and Co-Built Decarbonation Solutions Advisory services including on-site mini-déchetteries, briquetting equipment for waste compaction, and personalized sorting guides co-built with clients to reduce environmental impact and support decarbonation.
• Pump and Hydro-Cleaning Services (via MPSE) Subsidiary MPSE provides pumping and sanitation services using 4 semi-tankers and 5 ADR-certified hydrocleaning vehicles for industrial, restaurant, and municipal clients.

Quantifiable outcome

• 40 M€ invested over 3 years in site renovation and modernisation
• +7 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

Feature3 records

Partnerships

Five partnerships are on record, tiered core, flagship and minor.

• Metal ResourcecoreStrategic or Co-development Partner · 15 July 2025Passenaud entered a significant equity stake in Metal Resource, a recognised player in non-ferrous metal recycling and trading based in Loire-Atlantique (north of Nantes). The site handles ferrous scrap, non-ferrous metals, paper, cardboard, DIB and wood. The partnership creates logistics synergies, strengthens the territorial presence in Loire-Atlantique, and accelerates circular economy innovation. The combined entity operates under the Passenaud Metal Resource brand.
• Le Mans FCflagshipGTM or Marketing PartnerLong-standing sponsorship partnership of over 20 years with Le Mans FC, a football club returning to Ligue 1. The partnership provides regional brand visibility and reflects shared values of proximity, commitment, and territorial attachment.
• Recycler Mon VéhiculecoreChannel Partner/ Reseller/ DistributorEco-organism approved for end-of-life vehicle (VHU) recycling. Passenaud has been referenced as a partner since May 2025, ensuring compliant VHU collection, depollution, shredding, and traceability for clients. This provides official accreditation and client confidence.
• EcOLOGICcoreChannel Partner/ Reseller/ DistributorEco-organism approved by the French state for the collection and treatment of Waste Electrical and Electronic Equipment (DEEE). Passenaud partners with EcOLOGIC to offer compliant WEEE collection and processing services.
• Les Soudeurs dans la NuitminorGTM or Marketing PartnerAnnual artistic event in Laval where metal artists transform scrap into art. Passenaud's Laval site provides a bin of scrap and other materials each year since the first edition in 2014, supporting local creativity and community engagement.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• REMONDIS: International recycling, service, and water company with significant operations across Europe, including France. Comparable across multi-stream recycling and hazardous waste, but at much larger pan-European scale.
• Veolia (Environmental Solutions France): Global environmental services leader operating waste collection, treatment, and recycling across France with hazardous, industrial, and municipal streams. Overlaps Passenaud's service portfolio but with far broader geographic and segment coverage.
• SUEZ (Recycling & Recovery France): Global environmental services giant with a substantial French waste collection, sorting, and materials recovery network, including hazardous waste and WEEE streams. Comparable capabilities but at much larger scale and broader geography.

Direct peers

• Derichebourg: French group with a large environmental services division focused on scrap metal recycling, ferrous and non-ferrous recovery, and industrial services. Directly comparable in metals trading and multi-site recycling.
• Séché Environnement: French listed waste management group providing hazardous waste treatment, sorting, and recovery services across multiple French sites. Comparable as a vertically integrated French recycler with hazardous waste capabilities.
• Paprec Group: French family-owned recycling and waste management group offering multi-stream collection, sorting, and recovery across France. Highly comparable as a multi-site national recycler with similar ferrous/non-ferrous and DND focus.
• Chimirec: French independent specialist in hazardous and industrial waste collection, treatment, and recovery with multiple sites across France. Directly comparable on regulated waste streams and TRACKDECHETS-traceable services.
• Europe Environnement: French waste collection, sorting, and recovery group operating multi-stream sites across several regions. Comparable mid-sized family-influenced recycler with industrial and hazardous capabilities.

Regional players

• Baudelet Environnement: Family-owned French waste management and recycling group headquartered in Northern France, offering multi-stream collection, sorting, and recovery. Comparable as a family-owned multi-site recycler but primarily Northern France.
• Pizzorno Environnement: French waste management group focused on collection, sorting, treatment, and recovery across Southern and Eastern France. Comparable integrated offering but with a different geographic footprint.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/passenaud

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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 Passenaud Recycling