Germany-based environmental and waste management company Reclay Group is extending its plastics recycling in Eastern Europe with the acquisition of the Slovenia recycler Trans Impeks d.o.o.
Cologne-based Reclay, which will rename the business, located in the Adriatic port city of Koper, Slovenia Reclay Materials d.o.o., will use the new base to expand its delivery of recycled materials to industry.
The acquired firm will be used to export plastics from Slovenia and group subsidiary Reclay Materials GmbH. which will run the new business, plans integration of further south eastern European countries.
“The takeover means that we will be able to continue our expansion into Eastern Europe and our successful development of the plastics recycling sector in this region,” explained Reclay Materials GmbH. chief executive Kai Hoyer.
The former Trans Impeks operation will focus on supplying industrial and commercial customers “with sustainable and customised secondary raw materials at the highest standards”, the group said.
"Today, well-known users in over 17 countries rely on recyclables, made by Reclay. With the Reclay Materials d.o.o., we can meet our customers' requirements for the manufacture of modern recycling plastics even better," added Hoyer.
Reclay group, whose activities also include packaging waste recovery, international recyclables trading and WEE recycling, has other sites in Eastern Europe. Among these is another in Slovenia at Maribor as well as Brno in Czech Republic, Budapest in Hungary and Bratislava, Slovakia.
Reclay group, only founded in 2002, reported annual turnover of €211m in the 2015 financial year.