Basatne, a global leader in sustainable trade solutions and reverse logistics, has acquired Cartlow, the UAE-born pioneer in re-commerce and sustainable device management.
This strategic move strengthens Basatne’s position in the Middle East, leveraging Cartlow’s proprietary technology and established market leadership to drive a more efficient, technology-powered circular economy.
The acquisition comes at a crucial time as the Middle East faces a growing e-waste crisis, exceeding 3mn MT annually, with the UAE ranking among the highest in per capita electronic waste generation. With the re-commerce industry in the region projected to surpass US$ 30bn by 2028, Basatne and Cartlow are poised to lead the transformation toward a circular and sustainable economy.
Recirculation
Cartlow has already recirculated over 1mn electronic devices, preventing 100,000 metric tons of CO₂ emissions, the equivalent of removing over 21,000 cars from the road for a year. By extending product lifecycles through its closed-loop circular ecosystem, Cartlow has generated over AED 500mn in value, reinforcing the economic and environmental benefits of sustainable commerce.
“This acquisition represents a pivotal step toward shaping our global circular ecosystem. Today, with the integration of Cartlow, we are completing a fully closed-loop ecosystem, enabling markets to transact seamlessly and accelerating the transition toward a structured, scalable circular economy,” commented Ammar Aboulnasr, Founder and CEO, Basatne.
“Joining forces with Basatne will allow us to expand our technological reach beyond the region and scale sustainable practices across global markets,” remarked Mohammad Sleiman, Founder and CEO, Cartlow.
