Tyre recycling machinery supplier Eldan Recycling has “joined forces” with Rapid Granulator following the latter’s acquisition by Eldan’s parent company, Swedish business group Lifco AB. Rapid Granulator will be consolidated in Lifco’s Environmental Technology division, which is a part of its Systems Solution business area and the division Eldan Recycling belongs to. Although Lifco has not disclosed how much it paid for the granulator manufacturer, it states the acquisition “will not have any significant effect on Lifco’s earnings or financial position in current financial year.”