Repeats Group, a portfolio company of Ara Partners and a plastics recycling platform, has invested in Daly Plastics, a producer of recycled LDPE.

Repeats’ investment in Daly Plastics is a step towards building a pan-European plastics recycling platform.

“We are excited to partner with Repeats and Ara to further expand our operations and geographic reach,” said Peter Daalder, CEO of Daly. “We share Repeats’ ambition to become a leading LDPE recycler in Europe and view our efforts as mission-critical to establish a circular solution for the growing plastic waste problem in Europe.”