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New Deal


Announced

PATRIZIA to acquire a 40% stake in Greenthesis for €136m.

Financials

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Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Waste and Disposal Services

Minority

Pending

Single Bidder

Italy

Acquisition

Private Equity

Private

waste management

Friendly

Cross Border

Synopsis

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PATRIZIA, a partner for global real assets, agreed to acquire a 40% stake in Greenthesis, an independent and fully integrated waste management company, for €136m. "We are incredibly excited to strengthen our footprint in Europe’s circular economy with our investment in Greenthesis, which is not only Italy’s leading independent waste management player, but a highly complementary partner for PATRIZIA’s growing energy-from-waste platform. With our future communities and societies shaped by the drive to low carbon economies, innovative green energy solutions that support the global energy transition will provide attractive investment opportunities that deliver sustainable long-term returns for investors," Matteo Andreoletti, PATRIZIA Head of Infrastructure Equity for Europe and North America.

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