Navitas Capital to acquire a majority stake in RD Plastics from Dijkstra Plastics.

Navitas Capital, a venture capital firm focused on transformative technology and innovation in the real estate and construction industries, agreed to acquire a majority stake in RD Plastics, a plastics manufacturing company engaged in custom molding, packaging, and container production, from Dijkstra Plastics, a plastics manufacturer engaged in producing and designing injection-molded plastic packaging. Financial terms are not disclosed. “Since its founding, Dijkstra Plastics has grown into one of the largest manufacturers of plastic buckets for both the food and non-food industries. Our strong commitment ensures that we know our customers and the supply chains in which they operate inside and out. We strive for intensive collaboration with our partners to achieve shared circular ambitions. The partnership with Navitas Capital allows us to operate even more effectively and adapt more quickly, building on our strong corporate culture, which is essential in these times when everyone faces significant challenges. Together with Navitas, we can continue to grow and further strengthen our market position," Auke Dijkstra, Dijkstra Plastics CEO.