Agilyx to acquire a 44% stake in GreenDot for €52m.

Agilyx, a chemical recycling company, agreed to acquire a 44% stake in GreenDot, a waste plastic recycling platform, for €52m. "We are thrilled to expand Agilyx´s reach into Europe as we build a global platform to supply feedstock to the plastic recycling industry. GreenDot is the recognized industry leader in Europe, has tremendous momentum in the fast-developing advanced recycling market, and is a great complement to Agilyx's existing activities. We´re looking forward to working closely with GreenDot´s talented management and world-class shareholders on this transformative opportunity," Ranjeet Bhatia, Agilyx CEO.