Mobile phone and technology recycler and reseller musicMagpie could have an enterprise value of between £180m and £220m when it joins AIM in late April.
The company buys and resells smartphones, computers, CDs, DVDs, books and other products that might have ended up in landfill.
The market for pre-owned technology and media is estimated to be growing at 10% a year. Consumers appear to be more accepting of owning used technology products and musicMagpie already has strong market positions in the UK (as musicMagpie) and in the US (as Decluttr) so it is well placed to take advantage of thi...
