Itelyum Acquires Stake in Plasta Rei to Expand Chemical PET Recycling
March 1, 2024
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.
- Buyers
- Itelyum, Stirling Square Capital Partners LLP, Deutsche Beteiligungs AG
- Targets
- Plasta Rei
- Industry
- Manufacturing
- Location
- Lazio, Italy
- Transaction Type
- Buyout
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