Gadget group’s Hong Kong tie

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Regenersis, the gadget repair firm which is a major employer in Scotland, has formed a joint venture with a Hong Kong-based group.

The company, which operates sites at Glenrothes and Inchinnan, said the tie-up with Ecoasia Technologies will enable it tap into a growing market for refurbished mobile phones across European markets.

Ecoasia has plants specialising in phone refurbishment in China, Hong Kong, Mexico and Manila.

Regenersis chairman Matthew Peacock said the joint venture was a “clear demonstration of our ability to deliver new organic growth opportunities”.