Hengeler Mueller has advised key shareholders on the sale of a 44% stake in GreenDot Global S.à r.l. ("GreenDot"), the leading circular plastic recycling platform in Europe, and the third-largest recycling company in Germany, to Agilyx ASA ("Agilyx"). Agilyx is listed at the Oslo Stock Exchange and operates at the forefront of advanced recycling, converting post-use plastics into high-value feedstock and virgin-equivalent products.
Agilyx acquires its 44% stake for a consideration comprising cash and newly issued Agilyx shares.
Hengeler Mueller advised key shareholders of GreenDot comprehensively as lead counsel and coordinated the transaction internationally.
Hengeler Mueller team for the key shareholders of GreenDot
Corporate/M&A: Clemens Höhn (partner, lead), Tobias Begemann (counsel), Felix Schwalm, Ansgar Alofs (both associate, all Berlin),
Antitrust: Philipp Otto Neideck (partner), Leonie Lentner (associate, both Düsseldorf),
FDI/Regulatory: Michael Schramm (partner), Barbara Boytinck (senior associate), Tanja Peschen, Jonas Els (both associate, all Düsseldorf),
Tax: Gunther Wagner (partner), Tim Würstlin (senior associate, both Munich).