goetzpartners advised Vidia Equity

Marking its initial platform investment in the plastic recycling space, Vidia Climate Fund I has acquired specialized plastic recycling company Best Plastic Management GmbH (BPM) through newly established PolymerCycle GmbH. BPM’s succession situation and organic as well as inorganic scale-up potential in combination with its superior CO2 avoidance fully match Vidia’s investment strategy of maximizing both impact and financial return.

The family-run business specializes in the disposal and recycling of post-industrial plastic waste. At their site near Bremen, Germany, BPM generates an output of 20,000 metric tons of recycled material per year. Providing expansion capital and the necessary operational support, Vidia intends to scale capacity by up to 40,000 metric tons. The resulting output of up to 60,000 tons per year would turn the new portfolio company into one of the leading plastic recycling companies in the DACH region, securing a spot among the top 5 players in the long run.

Fortlane Partners acted as M&A and commercial advisor to Vidia Equity, further underlining our competence as advisor of choice in the recycling sector.

About Vidia Equity
Vidia is a private equity company driving the decarbonization of the highest emitting industries by scaling climate solutions. Providing capital and operational support, Vidia helps successful Mittelstand companies to reduce greenhouse gas emissions in the five highest-emitting sectors, i.e., energy, industry, transportation, buildings, food and agriculture. Thereby, Vidia supports transformative solutions built around the three core themes of decarbonization, electrification, and circular economy business models. Vidia targets businesses with global operations and a focus on the DACH or Nordic region. Typically, Vidia invests in businesses with sales between 30 and 300m EUR and flexibility for larger platform investments or smaller add-ons.

Transaction team:

M&A Team
Gerwin Weidl
Managing Director
 

Jannik Alt
Associate

CDD Team
Dr. Gerrit Schütte
Managing Director

Gerrit Bückins
Principal

Linh Dong
Senior Consultant

Pascal Krawczyk
Associate Consultant

Urban Maier
Associate Consultant