Ara Partners, a global private equity firm specializing in industrial decarbonization projects, has made a 100 million euro equity commitment in Repeats Group B.V.
The deal will support Repeats Group’s efforts to launch and build a pan-European plastics recycling platform focused on yielding high-quality recycled low-density polyethylene. Repeats uses its mechanical process to transform post-commercial plastic waste into resin suitable for commercial and industrial applications. The firm intends to scale its LDPE recycling capacity in Europe to address the growing demand to meed sustainability and net zero targets.
“The Repeats management team has the operational experience, strategic relationships, and drive to transform the European LDPE recycling market,” said Tuan Tran, a partner at Ara Partners. “They have an outstanding reputation in Europe and we are thrilled to partner with the Repeats team to build a pan-European recycling leader.”