Agilyx Completes Significant Investment in GreenDot for Recycling Expansion
On October 15, 2025, Agilyx ASA, a company specialized in advanced recycling solutions, announced the completion of its acquisition of 44% of GreenDot Global S.à r.l., a prominent name in the European recycling industry. This acquisition comes after a binding agreement revealed on July 17, 2025, and marks a strategic step for Agilyx in enhancing its operational capabilities in the European market for recycled plastics.
Following the approval in an Extraordinary General Meeting held on October 3, 2025, all conditions for closing the transaction were met, leading to a significant moment for both companies involved. With the completion of this transaction, Agilyx now owns approximately 44% of GreenDot, reflecting their commitment to driving innovation in plastic recycling and cultivating a sustainable future.
Agilyx’s investment includes contributing €7 million to a €27 million investment round directed toward GreenDot's expansive growth plans. The funds aim to facilitate advancements in mechanical recycling and other innovative methods to supply feedstock for advanced recycling processes. GreenDot is positioned to generate around €400 million in sales for the year 2025, which highlights the potential growth in this sector.
An additional achievement for GreenDot is a recently secured 10-year supply contract with an advanced recycling facility, estimated to provide between 20,000 and 34,000 tons of feedstock annually. Furthermore, GreenDot has plans to acquire a mechanical recycling facility in Italy that focuses on bottle-to-bottle recycling and producing pipes from recycled materials, aligning with their objectives to boost the circular economy effectively.
In a statement, Agilyx CEO Ranjeet Bhatia expressed their enthusiasm about the partnership, stating, “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.” This demonstrates Agilyx’s commitment to collaborating with GreenDot to achieve their shared goals of enhancing the recycling infrastructure in Europe.
GreenDot's CEO Laurent Auguste echoed this sentiment, stating, “We are very glad to welcome Agilyx as a new shareholder. This new capital injection will support our facility expansion in Germany, Austria, and Italy, propelling GreenDot’s commitment to scaling the European circular economy of plastic.”
The collaboration between Agilyx and GreenDot signifies a collective effort to advance sustainability initiatives and tackle global plastic waste challenges. By combining resources and expertise, both organizations are poised to become key players in the transition to a more sustainable and circular plastic lifecycle. GreenDot’s established position in the European market, paired with Agilyx's innovative recycling technologies and strategies, creates a promising synergy.
As the world continues to grapple with plastic waste, the partnership is poised to impact the sustainability landscape significantly. With this investment, Agilyx enhances its operational footprint while supporting GreenDot’s vision of a more circular economy, ideally positioning them for future growth and success in the recycling industry.
This strategic investment not only reflects Agilyx’s commitment to sustainability but also underscores the increasing relevance of collaboration in driving innovations necessary for an effective transition to a circular economy. The expected benefits of this partnership hold the potential to lead significant advancements in the recycling sector across Europe, ultimately contributing to a more sustainable environment for future generations.
Following the approval in an Extraordinary General Meeting held on October 3, 2025, all conditions for closing the transaction were met, leading to a significant moment for both companies involved. With the completion of this transaction, Agilyx now owns approximately 44% of GreenDot, reflecting their commitment to driving innovation in plastic recycling and cultivating a sustainable future.
Agilyx’s investment includes contributing €7 million to a €27 million investment round directed toward GreenDot's expansive growth plans. The funds aim to facilitate advancements in mechanical recycling and other innovative methods to supply feedstock for advanced recycling processes. GreenDot is positioned to generate around €400 million in sales for the year 2025, which highlights the potential growth in this sector.
An additional achievement for GreenDot is a recently secured 10-year supply contract with an advanced recycling facility, estimated to provide between 20,000 and 34,000 tons of feedstock annually. Furthermore, GreenDot has plans to acquire a mechanical recycling facility in Italy that focuses on bottle-to-bottle recycling and producing pipes from recycled materials, aligning with their objectives to boost the circular economy effectively.
In a statement, Agilyx CEO Ranjeet Bhatia expressed their enthusiasm about the partnership, stating, “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.” This demonstrates Agilyx’s commitment to collaborating with GreenDot to achieve their shared goals of enhancing the recycling infrastructure in Europe.
GreenDot's CEO Laurent Auguste echoed this sentiment, stating, “We are very glad to welcome Agilyx as a new shareholder. This new capital injection will support our facility expansion in Germany, Austria, and Italy, propelling GreenDot’s commitment to scaling the European circular economy of plastic.”
The collaboration between Agilyx and GreenDot signifies a collective effort to advance sustainability initiatives and tackle global plastic waste challenges. By combining resources and expertise, both organizations are poised to become key players in the transition to a more sustainable and circular plastic lifecycle. GreenDot’s established position in the European market, paired with Agilyx's innovative recycling technologies and strategies, creates a promising synergy.
As the world continues to grapple with plastic waste, the partnership is poised to impact the sustainability landscape significantly. With this investment, Agilyx enhances its operational footprint while supporting GreenDot’s vision of a more circular economy, ideally positioning them for future growth and success in the recycling industry.
This strategic investment not only reflects Agilyx’s commitment to sustainability but also underscores the increasing relevance of collaboration in driving innovations necessary for an effective transition to a circular economy. The expected benefits of this partnership hold the potential to lead significant advancements in the recycling sector across Europe, ultimately contributing to a more sustainable environment for future generations.
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