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Agilyx investment transaction in GreenDot completed
GreenDot is working towards expanding its reach in the mechanical recycling sector while continuing to advance contracts to supply advanced recycling feedstock and remaining focused on the growth of its profitable core business in Germany´s plastic recycling market – a business on track to generate circa EUR 400m in 2025 sales. In September, GreenDot was awarded a 10-year feedstock supply contract from a third-party advanced recycling facility, representing 20,000-34,000 tons per annum. The company has also entered into an agreement to purchase a mechanical recycling facility in Italy , which specializes in bottle-to-bottle recycling and the production of pipes from recycled material.
Agilyx CEO Ranjeet Bhatia commented, "We are pleased to reach completion on the GreenDot investment. We have a tremendous opportunity to rapidly build the leading pan-European plastic recycling platform and are very much looking forward to working with our new GreenDot colleagues and shareholders to achieve our goals."
GreenDot CEO Laurent Auguste comments, "We are very glad to welcome Agilyx as a new GreenDot shareholder. This new capital injection will support our facility expansion in Germany , Austria , and Italy , further propelling GreenDot's commitment to scaling the European circular economy of plastic. The synergies between two market leaders that this investment creates strengthen our ability to act as a preferred partner of global brands and actors in the plastic packaging value chain."
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Agilyx investment transaction in GreenDot completed OSLO, Norway - October 16th, 2025 - Agilyx ASA (OSE: AGLX: OTCQX: AGXXF: ISIN:NO0010872468: WKN: News Powered by Cision
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