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Ara Partners-backed Repeats Group completed an investment in Polimero.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Completed

Private Equity

Italy

Friendly

Single Bidder

Low Density Polyethylene

Cross Border

Minority

biochemistry

Diversified Engineering Procurement Construction (EPC)

Acquisition

Private

Synopsis

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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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