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Announced

Completed

Cox Enterprises completed the investment in Nexus Fuels.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Tags

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United States

Acquisition

Domestic

Single Bidder

Friendly

waste management

Private

Waste and Disposal Services

Minority

Completed

Synopsis

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Cox Enterprises, a provider of communications and media services, completed the investment in Nexus Fuels, a circular waste-plastics operation. Financial terms were not disclosed. "We appreciate Cox's dedication to improving the environment and their support of Nexus to convert waste plastics into new, environmentally-friendly products. More importantly, Cox understands that recycling solutions like Nexus must be economically viable to be sustainable over the long term," Jeff Gold, Nexus CEO.

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