Agilyx has entered a binding agreement to acquire a 44 per cent stake in Green Dot Global. The cash-and-shares deal would "significantly strengthen" the Norwegian advanced recycler's presence in the European market and would enable it to create a global platform for supplying the advanced plastics recycling industry, the company said. Agilyx would also become Green Dot's largest shareholder.
Green Dot is among the European leaders in plastics recycling and, according to Agilyx, is the third-largest player on the extended producer responsibility (EPR) market in Germany. With licences in 29 countries, the company manages more than 1 million tonnes of post-consumer packaging waste a year, including over 400,000 tonnes of plastic....
