Impact investment firm Summa Equity has acquired a majority stake in the global leader of turnkey recycling solutions, the Bollegraaf Group.
Bollegraaf has a strong impact profile through actively contributing to the EU taxonomy. Summa sees that Bollegraaf fits well in their resource efficiency theme. Optimizing the use of natural resources is one of the spearheads of Summa’s strategy and in this challenge they will from now on join forces with Bollegraaf. Investing from its EUR 2.3bn Summa Equity Fund III, this acquisition leverages Summa’s expertise in enhancing portfolio companies’ strategies to create long-term value and address critical global issues.
Over the last decades, Bollegraaf has grown into a total solution provider in the recycling industry. Bollegraaf provides waste management companies worldwide with state-of-the-art sorting installations and machinery. Innovations in advanced mechanical recycling are at the core of these high-end solutions. Bollegraaf’s technologies and solutions help reduce carbon footprints associated with material processing and recycling and increase recycling rates. It therefore plays a crucial role in the transition towards more sustainable and low-carbon industrial practices.
The acquisition of Bollegraaf is being made within Summa’s Resource Efficiency investment theme and contributes positively to UN Sustainable Development Goal #11.6, #12.5 and #13.1. Summa takes over Bollegraaf from Capital A Investment Partners, who has been the controlling shareholder for the past 9 years. In this period, with Capital A‘s support, the Bollegraaf Group experienced significant growth and innovative breakthrough, positioning the company as a key player in the recycling industry.
The acquisition is pending regulatory approvals and is expected to close in October 2024.