Announced
Completed
Financials
Tags
Acquisition
Domestic
Private
Single Bidder
Private Equity
Netherlands
Minority
Plastics
Friendly
plastics
Completed
Synopsis
Ara Partners-backed Repeats Group, a plastics recycling platform, completed the acquisition of a minority stake in Daly Plastics, a producer of recycled LDPE. Financial terms were not disclosed. "Daly Plastics has an outstanding reputation in the industry as a leading LDPE recycler in the Netherlands and Western Europe. We are thrilled to have Peter Daalder and his team join Repeats and look forward to building on their success to date. We see significant opportunity for Daly Plastics to continue to penetrate the Dutch and German markets while being able to serve more international clients thanks to higher-quality plastic flakes produced with the latest technology available," Greg Rung, Repeats CEO.
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