OSLO, Norway - 24 June 2026 - Agilyx ASA (OSE: AGLX; OTCQX: AGXXF; Frankfurt:
5NQ.F) ("Agilyx" or the "Company") today announces that its majority-owned
subsidiary GreenDot Global ("GreenDot") will acquire Anviplas Spain, an
established plastic film recycling specialist based in Navarcles, Catalonia.
The transaction marks GreenDot's entry into Spain, one of Europe's largest and
most strategically important plastics markets, and represents another important
step in Agilyx's strategy to build a leading pan-European platform for
high-quality recycled plastics. Founded in 1988, Anviplas processes
post-commercial and post-industrial films with an annual recycling capacity of
30,000 tonnes.
The acquisition follows GreenDot's integration of French recycler RG Group,
announced in March 2026. Laurent August, CEO of GreenDot, commented, "The
addition of Anviplas reinforces our strategy of building a robust pan-European
platform producing high-quality recycled plastic, and positioning the Group to
benefit from increasingly stringent European recycling and recycled-content
requirements."
Following the acquisition, GreenDot will operate six mechanical recycling
facilities, including existing plants in Hörstel and Eisfeld (Germany), Piacenza
(Italy), and Tence and Saint-Pal-de-Mons (France). The expanded network provides
converters and brand owners with a combined recycling capacity of approximately
175,000 tonnes per year across low-density polyethylene (LDPE), high-density
polyethylene (HDPE) and polypropylene (PP) recycling streams, compared with
approximately 70,000 tonnes of mechanical recycling capacity at the time Agilyx
first became a shareholder in GreenDot less than a year ago.
The transaction was completed for nominal cash consideration following a
pre-insolvency administrative process. Anviplas is expected to generate EUR 25
million of revenue in 2026 and includes c. EUR 20 million of tangible fixed
assets, underscoring the significant embedded industrial value of the
acquisition and providing Agilyx and GreenDot with a highly capital-efficient
route to scaling plastic waste recycling capacity.
Anviplas' ca. 70 employees will join GreenDot's growing European operations,
bringing deep technical expertise and a strong industrial heritage to the
platform.
About Agilyx
Agilyx ASA is a leading global investment platform supporting the development of
plastic waste feedstock supply to the recycling industry. Through its majority
holding in GreenDot Global, Europe's largest waste plastic recycling platform,
Agilyx has access to large volumes of post-use plastic and advanced sorting and
recycling infrastructure in Austria, France, Germany, Italy, and Spain. Through
arcLABS, Agilyx provides characterization and identification services for
plastic streams that can be converted into feedstock matched to recycling
processes. Agilyx also markets Styrenyx, its proprietary chemical recycling
technology for polystyrene waste. By enabling the shift from a linear
"make-take-waste" model to a circular economy, Agilyx helps solve the plastic
waste crisis and supports the global transition to a low-carbon future.
Inquiries: investors@agilyx.com
Learn more at: www.agilyx.com
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