Agilitas Private Equity LLP has agreed to sell the leading Danish environmental services provider Reconor Group to Basalt Infrastructure Partners LLP, aiming to leverage growth opportunities within the sustainable waste management market.

Target Information

Agilitas Private Equity LLP ("Agilitas"), a prominent mid-market private equity firm in Europe, has reached an agreement to sell the Reconor Group ("Reconor" or "the Company") to a fund advised by Basalt Infrastructure Partners LLP ("Basalt"). Reconor is recognized as the leading environmental services provider in Denmark, specializing in helping clients adhere to the country’s rigorous standards for responsible and environmentally safe recycling, as well as assisting municipalities with waste collection.

Reconor is committed to minimizing waste generation through the principles of prevention, reduction, and reuse. The Company oversees the remediation of over 2.1 million tonnes of soil annually and manages the processing of over 0.8 million tonnes of primarily reusable waste. This involves the efficient operation of 230 trucks and the management of 31,000 containers throughout Denmark, with a significant emphasis on recycling materials for secondary usage.

Industry Overview in Denmark

Denmark's environmental services industry is one of the most advanced in Europe, driven by stringent regulations and an increasing public awareness of sustainability. The country has committed to ambitious environmental