Announced
Completed
Synopsis
Vidia Equity, a company that invests in climate solution providers, completed the acquisition of a stake in Best Plastic Management, a business that specializes in the disposal and recycling of post-industrial plastic waste. Financial terms were not disclosed. "The investment is emblematic for the strategy and philosophy behind our fund, as BPM exhibits a high collinearity of financial and impact return based on the parameters of our Vidia evaluation matrix. Our team has collaborated on numerous successful scale-ups as well as investments into the recycling industry in the past, and we look forward to developing BPM together with management," Johanna Struthmann, Vidia Founding Partner.
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