Agilyx has acquired a 44% stake in GreenDot Global for €52 million, positioning itself as a leader in the European circular recycling market.

Information on the Target

Agilyx, based in Norway, has successfully acquired a 44% stake in GreenDot Global, a leading pan-European platform specializing in the circular recycling of waste plastic feedstock. This acquisition, valued at an enterprise level of €197 million ($228.9 million), was initially announced in July 2025. Agilyx's investment reached €52 million, consisting of €32 million for newly issued shares and €20 million in cash through a combination of primary and secondary share purchases.

GreenDot operates across 29 countries and processes over one million tonnes of packaging waste each year, including 400,000 tonnes of plastic. As the largest circular plastic recycling platform in Europe and the third-largest recycling company in Germany, GreenDot is focused on enhancing its mechanical recycling capabilities while establishing supply contracts for advanced recycling, concurrently bolstering its growth in Germany's plastic recycling sector.

Industry Overview in the Target’s Specific Country

The plastic waste recycling industry in Europe is undergoing significant transformation, driven by increasing regulatory pressures and growing consumer awareness regarding sustaina