Agilyx takes majority stake in plastics recycler GreenDot. Norwegian-listed plastic recycler Agilyx ASA has agreed to raise its shareholding in European recycling platform GreenDot Global to 50.1 per cent, taking majority control. Agilyx and fellow shareholder Lafor will jointly acquire the 19.1 per cent stake currently held by Circular Resources.
Following the transaction, Agilyx's shareholding will rise from 46 per cent to 50.1 per cent, while fellow shareholder Lafor will hold 49.9 per cent. Agilyx chief executive Ranjeet Bhatia will chair GreenDot, with the group expected to generate around EUR 375 million in revenue and more than EUR 22 million in EBITDA in 2026.
GreenDot operates across mechanical and chemical recycling, extended producer responsibility licensing, and consultancy services, with activities in Germany, Austria, Italy and France. The group traces its origins to Der Grüne Punkt, which launched the world's first nationwide EPR scheme for household packaging in Germany more than 35 years ago.
The UK processed 4.013 million tonnes of waste wood in 2025, 89 per cent of the total generated, according to annual statistics from the Wood Recyclers' Association. The figure is down 7.3 per cent on 2024 after unplanned outages at end-use plants created oversupply and squeezed storage.
recell.store, the Altilium-owned marketplace for used EV batteries, has partnered with testing firm ClearWatt to offer battery health assessments to salvage yards and dismantlers. A pilot will use ClearWatt's EV Flash Test to generate independent health data supporting marketplace transactions.
Packaging firm Pact Group has invested in Plan B Circular, the UK textile-to-textile polyester recycler behind Project Re:claim, its joint venture with the Salvation Army Trading Company (SATCoL). The deal aims to scale polyester recycling ahead of EU legislation expected in 2028.