Waste processor Van Gansewinkel has been taken over by private equity groups CVC and KKR. The two already own Van Gansewinkel’s competitor AVR and will merge the two companies into a single operation.
The deal still has to be approved by the NMa (Dutch Competition Authority). The combined companies had a turnover of €1.1bn in 2006, according to Van Gansewinkel’s press release.
In particular, the firms’ combined recycling expertise would strengthen its future potential significantly, Van Gansewinkel said.
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