Scienza e Tecnologia
Repeats Group Invests in Polimero Srl, Continuing to Build One of the Leading LDPE Plastic Recyclers in Europe
Polimero uses a mechanical process to convert plastic waste into resin suitable for commercial and industrial applications. As part of Repeats, Polimero plans to continue expanding its production to meet the growing demand for recycled LDPE in Europe .
Polimero is led by Simonetta Tiberto, who has been with the company since 2010 and will continue to lead the Italian operations and execution of its growth plan.
" " said Greg Rung , CEO of Repeats. "
" said Simonetta Tiberto, CEO of Polimero. " ."
" ," said Tuan Tran , Partner at Ara Partners. " ."
Based in the Netherlands , Repeats - Recycled PE AT Scale - is a pan-European plastics recycling platform converting polyethylene ("PE") plastic waste into resin suitable for a variety of commercial and industrial flexible plastic applications. Repeats also has operations in Spain and the Netherlands . For more information on Repeats, please visit www.repeats-group.com.
Founded in 2010 and based in Rovigo, Polimero produces recycled LDPE pellets from both post-commercial and post-industrial plastic waste, which can be used in packaging applications. For more information about Polimero, please visit Home - Polimero Srl.
Ara Partners is a private equity firm focused on industrial decarbonization investments. Ara Partners invests in the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors, seeking to create companies with significant decarbonization impact. It operates from offices in Boston, Massachusetts , Houston, Texas and Dublin, Ireland . Ara Partners closed its second fund with approximately $1.1 billion in capital commitments in September 2021 . For more information about Ara Partners, please visit www.arapartners.com.
Mark Semer / Alex Jeffrey
Gasthalter & Co. LP.
arapartners@gasthalter.com
(212) 257-4170