Hagemann Recycling has been sold to Hermann Bettels GmbH & Co. KG, allowing for enhanced operations and growth in the competitive waste management sector.
Information on the Target
Hagemann Recycling GmbH ("HAGEMANN"), based in Wolfenbüttel, is a prominent regional service provider specializing in demolition services, industrial and commercial waste management, as well as scrap and metal wholesale. The company has successfully operated for over 30 years and offers comprehensive waste disposal solutions to its diverse clientele, adhering to the European waste catalog standards.
Recently, the shareholders of HAGEMANN have agreed to sell 100% of their company shares to Hermann Bettels GmbH & Co. KG ("BETTELS GRUPPE"), located in Hildesheim. This strategic acquisition positions BETTELS GRUPPE to enhance its operational efficiency in the recycling sector and broaden its current waste disposal activities.
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Industry Overview in Germany
The recycling and waste management industry in Germany has been experiencing significant growth, driven by increasing environmental regulations and consumer demands for
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Disclosed details
Revenue: $400M