Aliplast Acquires Gurit Italia PET Recycling Site

Itelyum Acquires Stake in Plasta Rei to Expand Chemical PET Recycling

March 1, 2024

Manufacturing

Itelyum, a PE-backed Italian recycling group, has acquired a significant share (reported as a full acquisition in company releases) in Plasta Rei to build an advanced chemical recycling plant in Cisterna di Latina that will produce food‑grade rPET granules. The move expands Itelyum's circular‑economy capabilities and leverages the group's chemical processing know‑how to scale Plasta Rei's PET depolymerisation technology for bottle‑to‑bottle applications.

Schur Flexibles Group Acquires Termoplast S.r.L.

July 2, 2021

Packaging

Schur Flexibles Group has acquired 100% of Termoplast S.r.L., an Italian producer of 100% recyclable MDO-PE films and operator of an on-site recycling business. The acquisition (closed end of June 2021) will accelerate Schur Flexibles' expansion in the Italian market while preserving continuity as the selling family remains in management.

Repeats Group Invests in Polimero Srl to Expand LDPE Recycling Platform in Italy

September 12, 2022

Manufacturing

Repeats Group B.V., a pan‑European plastics recycling platform (a portfolio company of Ara Partners), has invested in Polimero Srl, an LDPE recycling and pellet producer based in Rovigo, Italy. The deal expands Repeats' footprint into Italy as part of its strategy to build a leading independent recycled LDPE resin platform across Europe; financial terms were not disclosed.

Cedo Acquires Plasta Group

December 17, 2024

Packaging

Cedo, a UK-based leader in sustainable FMCG private label solutions, has acquired Plasta Group, one of Europe’s largest polyethylene recyclers and producers, headquartered in Vilnius, Lithuania. The acquisition expands Cedo’s recycling and production capacity across Central & Eastern Europe and Scandinavia, strengthening its position as an integrated circularity platform for flexible plastic films.

The Sterling Group Forms Evergreen Platform by Acquiring CarbonLITE's Riverside PET Facility

June 1, 2021

Environmental Services

The Sterling Group executed a carve-out of Evergreen (the PET recycling division of Greenbridge Packaging) and merged it with the Riverside, California assets of CarbonLITE acquired through a 363 bankruptcy process to form a national PET recycling platform, Evergreen. The deal gives Evergreen a West Coast presence and increases food-grade rPET manufacturing capacity, with the Riverside facility measuring 220,000 square feet and an estimated annual capacity of more than 100 million pounds of rPET.

Peli Products Germany GmbH Acquires HVB Kunststofftechnik GmbH Injection and Roto‑Molding Business

July 18, 2022

Manufacturing

Peli Products Germany GmbH, a subsidiary of Pelican Products, Inc., has acquired the injection- and roto-molding business of HVB Kunststofftechnik GmbH in Crottendorf, Germany. The transaction — the first under Pelican's ownership by Platinum Equity — adds local manufacturing capacity to support Peli's European production and sustainability goals.