EQT to acquire KJ Environment from Genesis Private Equity.

EQT, a global investment organization, agreed to acquire KJ Environment, a plastic recycler, from Genesis Private Equity, an environmental and energy infrastructure specialist. Financial terms were not disclosed. "We are delighted to be partnering with KJ Environment and its talented management team. We look forward to applying EQT's extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment elevate into a true market leader in the waste treatment space. This investment also marks EQT's latest milestone in South Korea, a market we believe holds tremendous potential and is strategically important to our regional investment strategy," Sang Jun Suh, EQT Partner Infrastructure Advisory Team.