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.
