Announced
Completed
Financials
Tags
Friendly
Plastic and Rubber Manufacturing
Acquisition
Completed
Spain
Private
Environmental / Waste Management
Cross Border
Majority
recycling
Private Equity
Single Bidder
Synopsis
Ara Partners-backed Repeats Group, a plastics recycling platform, completed the acquisition of Anviplas, a company which produces recycled LDPE. Financial terms were not disclosed. "Anviplas has an outstanding reputation in the industry as a leading LDPE recycler in Spain. We are thrilled to have Aleix Vintró and the Anviplas team as part of the Repeats platform and look forward to building upon their success to date. We see significant opportunity for Anviplas to continue to penetrate the Spanish recycled LDPE market while expanding their footprint to service feedstock supplies from Southern France," Greg Rung, Repeats CEO.
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