Spain's Éxxita lists in Paris at €25.8M valuation, Telefónica its top client
What's the deal? Éxxita Be CircularDealroom has a profile for this one. Try Dealroom →, a Sevillian firm specialising in the lifecycle management of electronic equipment, began trading on the Euronext ParisDealroom has a profile for this one. Try Dealroom → exchange on July 15, 2025, at a valuation of €25.8 million. The listing set a reference price of €290.51 per share via direct admission, according to Euronext Paris.
Why Paris? The company, based in Bollullos de la Mitación, sees the move as a tool to gain international visibility, provide liquidity for its shares, and consolidate its growth strategy in the circular economy applied to technology.
What's the endgame? Founded in 2004 by Ricardo González and brothers José Ángel and Alejandro Costa, Éxxita has evolved from an IT services business into a group focused on managing the lifecycle of technology equipment. Its core activity sits at the Circular Innovation Hub in Bollullos de la Mitación, a complex spanning more than 10,000m² that Andalusia's regional government has recognised as a strategic business acceleration project.
By the numbers: During 2024, the company processed around 190 tonnes of electrical and electronic waste and recovered more than 35,000 devices, helping avoid some 58 tonnes of CO₂ emissions. It closed 2025 with revenue of €24.3 million, up roughly 26% from €19.4 million a year earlier.
One caveat: 2025 and 2024 are not fully comparable because Éxxita changed how it recognises revenue on certain contracts, moving in 2025 to recognise them progressively by degree of completion.
The signal: A mid-sized Spanish recycler choosing Paris over a domestic listing underscores how the circular economy is drawing companies to broader European capital markets in search of visibility and liquidity.
Read more: elconciso.es
Image credit: dmjarvey
