Aliplast Acquires Gurit Italia's PET Recycling Site
Deal News | Apr 01, 2025 | PR Newswire Cision Gruppo Hera
The Hera Group, through its subsidiary Aliplast, has acquired the Carmignano di Brenta plant in Italy from Gurit Italia, expanding its plastic recycling capacity, specifically for PET plastics. This strategic acquisition allows Aliplast to increase its production capacity by 15,000 tonnes of recycled PET annually, in response to growing regulatory demands for recycled materials in Europe. With evolving regulations, such as Italy's legislative decree 196/21, Aliplast is well-positioned to meet the increased demand for recycled plastics, which are now mandated in certain products. This acquisition is part of Aliplast's business strategy to enhance both the quality and transparency of its supply chain, ensuring high standards in product safety. Michele Petrone, CEO of Aliplast, emphasizes the significance of this expansion as part of a long-term vision for growth in the recycled plastic market.
Sectors
- Recycling
- Plastics Manufacturing
Geography
- Italy – The acquisition of the PET recycling site by Aliplast from Gurit Italia takes place in Italy.
- Europe – The strategic importance of this acquisition is influenced by the evolving regulatory framework across Europe, impacting demand for recycled PET.
Industry
- Recycling – The article focuses on Aliplast's acquisition of a PET recycling plant, which is part of the recycling industry.
- Plastics Manufacturing – The production of recycled polymers from PET at the newly acquired facility places this article within the plastics manufacturing sector.
Financials
- – The financial terms of the acquisition were not disclosed in the article.
- 15,000 tonnes – The incremental production capacity of recycled PET expected from the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aliplast | Acquiring Company | Company | A European leader in plastics regeneration, part of the Hera Group, specializing in the recycling of post-consumer materials into new polymer forms. |
| Gruppo Hera | Parent Company | Company | The parent company of Aliplast, involved in a broad range of utility and environmental services, including waste management and recycling. |
| Gurit Italia | Selling Company | Company | The previous owner of the PET recycling plant in Italy sold to Aliplast. |
| Michele Petrone | CEO of Aliplast | Person | The CEO of Aliplast, leading the company towards growth in recycled plastics production and quality. |