SOEXGroup

What SOEXGroup does

SOEX Group, legally operating as IZ Circular Textiles GmbH, is a privately held Germany-based circular economy services company for used textiles and shoes. Its headquarters are at Lützowstraße 105 in Berlin, with a regional operation in the Hamriyah Free Zone, Sharjah, UAE (SOEX Processing Middle East FZE). The company claims over 40 years of experience in collecting, trading, and recycling used textiles and shoes, and positions itself as a pioneer in circular economy services, combining its own four decades of operational history with the I:CO Take-Back System brand.

The core offering is an integrated value chain of B2B services: collection via the I:CO Take-Back System at retail point-of-sale, manual sorting by hand inspection according to the international waste hierarchy, re-commerce of high-quality secondhand goods, recycling of end-of-life textiles through an international partner network, a Re-Value service that helps clients recover warehouse space while generating revenue, and consulting on circular-economy implementation. The technical backbone is an automated material recognition system that identifies fiber composition to route textiles into the appropriate recycling stream, supplemented by hand inspection for quality grading.

SOEX generates revenue through a mix of transaction-based re-commerce sales, professional-service fees for recycling and consulting engagements, and tailored B2B contracts. The go-to-market is sales-led, targeting fashion brands, retailers, and corporate clients primarily in Germany and the UAE, with a stated global footprint via its partner network. Customer segments are described at a horizontal level (fashion and retail, wholesale buyers, corporate clients) with no named enterprise logos or contract values disclosed.

Name

SOEXGroup

Legal name

IZ Circular Textiles GmbH

Website

https://soexgroup.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SOEX Group is a Germany-based circular economy services company that collects, sorts, re-sells, and recycles used textiles and shoes for fashion retailers, wholesale buyers, and corporate clients across Europe and the Middle East.

Ownership category

akta.pro rank

Product category

Textile Recycling Services

NAICS

Recyclable Material Merchant Wholesalers (42393), Clothing and Clothing Accessories Merchant Wholesalers (42435)

SIC

Wholesale-Apparel, Piece Goods & Notions (5130)

akta.pro primary industry

Post-Consumer Textile Collection & Sorting (Take-Back/Charity/Reverse Logistics) (IMAOAMAA)

akta.pro secondary industries

Textile & Apparel Sorting/Recovery Facilities (EUAIADAJ), Reuse & Resale / Recommerce Operations (EUAIANAC), Material Reuse & Upcycling Services (Non-recycling Transformation) (EUAIANAJ), Product Take-Back & Reverse Logistics Programs (EUAIANAA)

Keywords

• Textile recycling services
• Circular economy consulting
• Used clothing collection
• Textile sorting technology
• Re-commerce services

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Re-Commerce (Secondhand Sales): Revenue generated through careful sorting of collected textiles to produce high-quality secondhand products that are sold to customers. The company inspects each item by hand and gives it a second life through resale.
2. Textile Recycling Services: Fees for providing textile recycling solutions, finding the most sustainable use for raw materials through processing end-of-life textiles as part of a strong international partner network.
3. Consulting Services: Revenue from consulting engagements to help businesses implement circular concepts in their business models and plan specific projects related to the circular economy.
4. Re-Value Services: Services that help businesses recover warehouse space while generating additional revenue streams, conserving valuable resources.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SOEXGroup operates an integrated circular economy value chain for used textiles and shoes. Through its I:CO Take-Back System, the company collects used clothing and shoes directly at retail point-of-sale, then inspects and sorts each item manually and via an automated material recognition system to assign it to a reuse or recycling stream. The company sells high-quality secondhand goods through Re-Commerce, recycles end-of-life textiles through an international partner network, helps clients recover warehouse space and revenue via Re-Value, and provides consulting to embed circular concepts in client business models.

Product overview

SOEXGroup operates as a unified service platform focused on circular economy for textiles and shoes, offering an integrated value chain that connects collection, sorting, re-commerce, recycling, and consulting services. The core offering includes the I:CO Take-Back System for point-of-sale collection, complemented by manual and automated sorting services (including a material recognition system for recycling), re-commerce and second-hand sales, textile recycling, re-value warehouse solutions, and advisory consulting services. All services are interconnected through an international partner network, with the take-back system feeding into the sorting and recycling pipeline.

Differentiator

Problem solved

Functional benefit

Brands

• I:CO Take-Back System: A take-back system enabling collection of used clothing and shoes directly at point of sale (POS), providing a simple, sustainable, and economic solution for textile waste.

Products and services

• I:CO Take-Back System

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• I:CO (part of SOEX Group)coreStrategic or Co-development PartnerI:CO and SOEX share a modern vision of circularity combined with over 40 years of experience in collection, trading, and recycling of used textiles and shoes. I:CO provides the take-back system while SOEX handles sorting and recycling operations, creating a unified circular economy value chain.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Bank & Vogue (Tonlé parent): Canada-based used textile collector and supplier serving resale and upcycling markets globally. Comparable to SOEX as a wholesale supplier of sorted secondhand apparel to brands and re-commerce operators.
• Helvetas: Swiss development organization running large-scale used textile collection and sorting programs across Europe and emerging markets. Closely comparable to SOEX on the collection-and-sorting side of the circular textile value chain.
• Trans-Americas Trading Company: US-headquartered global trader of used clothing and textiles, operating sortation facilities and serving wholesale buyers. Directly comparable to SOEX's re-commerce and wholesale distribution of sorted secondhand apparel.
• Boer Group: Dutch textile sorting and recycling group that processes used clothing into reuse, resale, and recycling streams across Europe. Comparable as a direct peer operating a multi-channel used textile sorting business with international buyer networks.
• Re&Up (formerly Saluzzo Yarns / Bianchini): Italian textile recycler converting post-consumer garments into recycled cotton and polyester yarns. Comparable to SOEX on the recycling side, where both aim to close the fiber loop and supply brands with circular materials.

Regional players

• Sysav: Swedish municipally-owned waste and recycling company operating material recovery facilities, including textile sorting streams. Comparable to SOEX as a regional sorting/recovery operator, though focused on Nordic markets.

Broad incumbents

• TOMRA Sorting Solutions: Global leader in sensor-based sorting technology across multiple waste streams including textiles. Comparable to SOEX's material recognition system, though as a broader industrial incumbent with far larger scale and R&D resources.

Emerging players

• Worn Again Technologies: UK-based chemical recycler developing fiber-to-fiber polyester and cotton recycling from end-of-life textiles. Comparable as a downstream partner/competitor for the recycling half of SOEX's value chain.
• Picvisa: Spanish AI and optics-based sorting equipment provider for waste and textile applications. Comparable to SOEX as a competing provider of automated fiber/material recognition technology for recycling sorting lines.
• Reverse Logistics Group (RLG): German reverse logistics and EPR compliance services company supporting brands and retailers with take-back and product stewardship programs. Comparable to SOEX on the take-back and circularity consulting services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/soex.de
• LinkedInlinkedin.com/company/soexgroup
• Instagraminstagram.com/ico_soex/?hl=de

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 SOEXGroup