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Announced

Completed

LyondellBasell completed the acquisition of a 50% stake in Rodepa Vastgoed BV.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Minority

Netherlands

plastics

Plastics

waste recycling

Completed

Friendly

Domestic

Single Bidder

Private Equity

Synopsis

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LyondellBasell, a global chemical industry solutions company, completed the acquisition of a 50% stake in Rodepa Vastgoed BV, the holding company of De Paauw Sustainable Resources. Financial terms were not disclosed. “With a great team of driven employees, we have steadily built our business over the years by responsibly and carefully finding new use for used plastics. I greatly appreciate the cooperation we had with ING CI. I am proud that LyondellBasell is participating in our company and that we are now joining forces to recycle even more plastic waste into high-quality raw material," Roy de Paauw, DPSR CEO.

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