- Agilyx will acquire a 44% stake in GreenDot for EUR52 million.
- The transaction values GreenDot at EUR197 million.
- The deal is expected to close in late Q3 2025.
- GreenDot processes over 400,000 tons of plastic annually.
Transaction Overview
Agilyx ASA has entered into a binding agreement to acquire a 44% stake in GreenDot Global S.à r.l. for EUR52 million. The transaction values GreenDot at a post-money enterprise value of EUR197 million. The acquisition is fully financed through a EUR20 million subordinated loan facility, ranking below Agilyx's existing bonds.
GreenDot's Operations
GreenDot is Europe's leading circular plastic recycling platform and the third-largest recycling company in Germany. It processes over 1 million tons of packaging waste annually, including more than 400,000 tons of plastic. The company is expanding its recycling feedstock supply capabilities with new sorting facilities in Austria and Italy.
Financial Projections
For 2025, GreenDot's operations are projected to generate approximately EUR400 million in total sales and achieve double-digit EBITDA. The transaction is expected to close in late Q3 2025, subject to regulatory approvals and other customary conditions.
Strategic Implications
This acquisition strengthens Agilyx's presence in the European market, creating a global platform for sourcing and supplying feedstock to the advanced recycling industry. The deal is expected to enhance business synergies between Agilyx and GreenDot, supporting the expansion of facilities in Germany, Austria, and Italy.
