Announced
Financials
Tags
Friendly
Acquisition
Private
Machinery: Industrial
United States
waste-to-virgin plastics
Majority
Pending
Domestic
Synopsis
Cox Enterprises, a global conglomerate, agreed to acquire a majority stake in Nexus Circular, an advanced recycling company, for $150m. "We're building platforms with the power to impact both business and the environment. Nexus Circular is an exciting part of our broader cleantech strategy to acquire and scale businesses that have a positive impact on the planet. We continue to look for opportunities to partner with companies like Nexus, which is helping to build a better future for the next generation. That's what we're all about at Cox," Steve Bradley, Cox Enterprises Vice President of cleantech.
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