Agilyx to Acquire Shares in GreenDot Global
In July 2025, Norway-based Agilyx ASA informed that it entered into a binding and fully financed agreement to acquire 44 percent of GreenDot Global S.à r.l.
This transformative investment would significantly strengthen the company’s presence in the European market, creating “a global platform for sourcing and supplying feedstock to the advanced recycling industry”, Agilyx described the benefit of the planned strategic participation. “GreenDot is the leading circular plastic recycling platform in Europe and the third-largest recycling company in Germany. Licensed across 29 countries, it is the most recognized recycling brand in Europe. GreenDot processes more than one million tons of packaging waste annually, including over 400,000 tons of plastic.” The company would expand its advanced recycling feedstock supply capabilities by investing in sorting facilities in Austria and Italy. For 2025, GreenDot’s operations are expected to generate approximately 400 million Euro in total sales and double-digit EBITDA.
As reported, Agilyx intends to acquire its stake for a total consideration of 52 million Euro, consisting of approximately 32 million Euro in newly issued company shares and approximately 20 million Euro in cash in a combination of primary and secondary share purchases. The transaction would value GreenDot at a post-money enterprise value of 197 million Euro. The transaction was expected to close in late Q3 2025, subject to customary conditions including, inter alia: regulatory approval under German foreign direct investment laws, lender consent for change of control at GreenDot, and Agilyx shareholder approval.
(Published in GLOBAL RECYCLING Magazine 3/2025, Page 24)
