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Synopsis
Ara Partners-backed Repeats Group, a pan-European plastics recycling platform, completed an investment in Polimero, a producer of recycled LDPE located in northern Italy. Financial terms were not disclosed. "Polimero has a great reputation in the industry as an important player in the LDPE recycling environment in northern Italy. We see significant opportunity for Polimero to further penetrate the Italian market by providing its clients with higher quality recycled resin. We are delighted that Simonetta and her team are joining Repeats and look forward to building on their success to date," Greg Rung, Repeats CEO.
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