StockMarketWire.com - Restore said it had sold its ITP cartridge recycling business to Ink & Toner Recycling.

Restore said it would receive a 40% stake in Ink & Toner as consideration and would be represented on Ink & Toner's board.

ITP, which generated revenues of around £4m and a small operating loss in 2018, would be treated as a discontinued activity and accounted for as a minority interest going forward.

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