Announced
Completed
Financials
Sources
Tags
Acquisition
Single Bidder
Germany
Majority
take-bake systems
Friendly
Private Equity
Completed
Third Party Logistics (3PL)
recycling solutions
Cross Border
Private
Synopsis
EMK Capital-backed Reconomy Group, a provider of outsourced resource management and environmental services, completed the acquisition of Reverse Logistics, a tech-enabled provider of end-to-end solutions for returns management and environmental compliance, from Monitor Clipper Partners, a middle-market private equity firm, for £144m. The combination of Reconomy Group with RLG not only creates a leading global presence in core disciplines, it also adds an entirely new capability, allowing the Group to specialise in reverse logistics. This proposition development is a key part of Reconomy’s long-term strategic plan to become the global leader in tech-enabled services to drive the circular economy.
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