F2i to acquire a 70% stake in ReLife.

F2i, an Italian asset management company, agreed to acquire a 70% stake in ReLife, a provider of collection and transformation of differentiable waste. Financial terms were not disclosed. “We define the circular economy as a production and consumer model that involves the reuse, recycling, reconditioning and repair of raw materials and finished products in order to limit the use of virgin materials. F2i has decided to invest, through its fifth fund, in ReLife, a player that operates using this business model, in order to support its growth through the development of infrastructure spread across the territory and the adoption of advanced technologies that are indispensable to meet the growing demand from manufacturers and consumers for efficient solutions and services to protect the environment, the well-being of citizens and the beauty of our environment," Renato Ravanelli, F2i CEO.