OIO Group is a Singapore-based holding company with two distinct businesses: an industrial waste management and recycling operation, and an ultra-luxury hypercar brand. The core business is Environmental Solutions Asia (ESA), which collects hazardous and non-hazardous industrial waste from manufacturers — including pharmaceutical, semiconductor, petrochemical, and electroplating companies — and processes that waste into sellable commodities such as pyrolysis oil, precious metals, chemicals, and minerals. ESA generates revenue through two streams: service fees charged for waste collection and disposal, and sales of these recovered "circular products" to end users, traders, and overseas refiners. Customers include Shell, ExxonMobil, Micron, and Pfizer. ESA also acquires waste directly from suppliers under a rebate scheme, treating waste as a raw material input when recoverable material concentrations justify the cost. In April 2026, OIO acquired De Tomaso, a revived Italian hypercar brand, for ~$1.03B in stock. De Tomaso designs and sells extremely limited-edition hypercars — the P72 (72 units, ~€1.7M each) and the P900 (18 units) — targeted at ultra-high net worth collectors globally. De Tomaso relies on HWA AG, a German engineering partner, for manufacturing, keeping the model relatively asset-light. OIO's growth strategy includes expanding ESA's processing capacity in Singapore, entering ASEAN markets, licensing its waste treatment technology, and expanding De Tomaso's dealer network in North America, the Middle East, and Asia.
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