Announced
Completed
Financials
Tags
Acquisition
Private
Minority
Netherlands
plastics
Plastics
waste recycling
Completed
Friendly
Domestic
Single Bidder
Private Equity
Synopsis
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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