Paper shredding and recycling is a 3.6 billion dollar industry. Redishred with their 30 ProShred locations across the US, insures your information is properly destroyed.
Redishred Capital Corp. is publicly-owned investment company focused on the paper shredding and recycling industry. The company’s stock trades on TSX Venture Exchange under the symbol KUT.
On March 17, 2008 Redishred completed its first corporate acquisition with the purchase of Professional Shredding Corporation. Including the intellectual property and trademarks associated with the PROSHRED® brand (excluding Canada).
With it Redishred acquired PROSHRED®’s 21-year proven operating system. All US franchise locations and the go-forward operating platform for consolidating the shredding and recycling industry.
Redishred’s mission in delivering profitability and growth to its shareholders is to establish a national footprint of approximately 80 locations across the US. The market development strategy is centered on growth through corporate acquisitions, continued franchising, and joint venture partnerships.
Under the PROSHRED® brand, Redishred leverages an established brand and operating system. To drive operational economies of scale across the network and increase bottom-line profitability for Redishred stakeholders.
The company’s consolidation strategy under PROSHRED® also capitalizes on a highly fragmented U.S. document shredding industry. And very robust market drivers, including rapid growing concerns about identity theft and corporate espionage. Tighter regulatory requirements and increased privacy legislation, and a massive push towards “green” business.
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