Majestic Corporation has announced a significant expansion of its recycling operations with the launch of a new 50,000 square foot facility in Wrexham, Wales.
The sustainable circular-economy solutions provider, which specialises in recycling and non-ferrous metals, has secured a lease on a new industrial space to meet growing demand for e-waste recycling across the UK and Europe.
Telecycle Europe Limited, Majestic’s wholly owned subsidiary, has entered into a five-year lease agreement for a unit at a business park in Wrexham, at an annual rent of £130,000. The facility will complement Majestic’s existing 4,000 square foot site in Deeside, Wales.
The new location positions the company to handle increased processing of e-waste, battery materials, IT infrastructure, and solar renewables.
The lease agreement involves a related party transaction, as the property is owned by Wrexham Holdings Limited. This company is wholly owned by Peter Lai, who serves as both Chairman and CEO of Majestic.
“This facility marks a major step forward in our mission to enable a truly circular economy,” said Peter Lai, Chairman, CEO and Founder of Majestic Corporation.
“By increasing our capacity to handle complex waste streams, we’re not only meeting rising demand but also ensuring more of this critical processing happens locally, here in the UK. Ultimately, this means we’re delivering more to our customers and with greater efficiency.”
Today’s news follows Majestic’s listing on the US OTC Market in October as the group hones in on investor demand in the US and Asia.
Majestic Corporation’s shares are around 60% higher year to date in 2025.