An affiliate of HIG Capital (HIG) has completed the sale of Der Grüne Punkt – Duales System Deutschland (DSD) to Circular Resources, which provides a comprehensive offering for global corporations to meet their need for recycled plastics.
Its combination with DSD will create a large-scale provider of solutions for the circular economy in Europe with a secured, stable and high-quality inflow of raw materials for recycling.
Under HIG’s shareholding, DSD has established itself as a market leader in the German circular economy. The Company has professionalized its licensing business and actively contributed to the development of a sustainable regulatory framework in Germany to handle packaging waste with high compliance levels. Additionally, HIG and DSD made strategic investments into dedicated plastic recycling facilities in Germany.
Read more: Private Equity Wire
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