Norsk Gjenvinning

Sustainable cities and communities

Company details

Year Aquired

2018

Location

Norway

Revenue (2018)

4,707 mSEK

Sector

Recycling

Employees

1.337

Investment Themes

Resource Efficiency

Contact

If you want to know more about Norsk Gjenvinning please contact Hannah Gunvor Jacobsen at: hannah.jacobsen@summaequity.com

Norsk Gjenvinning is the leading supplier of waste management services and recycling in Norway, more than three times larger than the closest competitor, due to the broadest range of services and unparalleled geographic coverage. The company operates eight business areas: Recycling, Metals recycling, Downstream trading and logistics, Demolition, Industrial services, Landfill services, Household collection, and Security shredding

 

Challenge
Waste is growing exponentially while the supply of natural resources is scarce. With a rapidly growing population, we have no choice but to learn to recover and reuse materials, yet in the OECD only 55% of waste is recovered

 

%
of all construction waste in the EU is to be recovered by 2020
%
of construction waste in Norway is recovered today

 

How do we solve it?
NG handles 1.9m tones of waste per year, of which 85% is recycled, of which 37% is material recycling into new recycled raw materials. With more than 43k customers and a broad range of services, NG is a critical enabler for the circular economy in Norway. NG is also recognized as a leader within compliance and responsible business practice. NG’s operations result in net CO2 savings of 411k tones yearly. This is equivalent to saving 952k barrels of oil or taking 87k passenger vehicles off the road for a year.

 

How do we improve?
Industrial innovation and new business models are key to improve the recycling rate of most materials. New solutions such as NG’s new gypsum factory and its investment in the most advanced paper sorting line in the world in 2018, increase competitiveness of recycled materials, preventing further extraction and overuse of natural resources.

 

Value creation
NG opens up new markets for recycled raw materials and increases competitiveness of waste based resources through industrial innovative solutions, which ultimately results in the recovery of materials and energy which adds value for NG and the industry. With a strong compliance focus, NG has become a preferred partner for the growing number of responsible businesses and customers.

Year Aquired

2018

Revenue (2018)

4,707 mSEK

Employees

1.337

Investment Themes

Resource Efficiency

Sector

Recycling

Location

Norway

Contact

If you want to know more about Norsk Gjenvinning please contact Hannah Gunvor Jacobsen at: hannah.jacobsen@summaequity.com

Website

Video

SDG Alignment
SDG Wheel
SDG 11
SDG 12
SDG 13
KPI reporting
SDG 8

REVENUE (SEKm)

2018
+8%
4,707
2017
4,339
SDG 12

MATERIAL RECYCLING

2018
-1%
37%
2017
38%
SDG 11

TONS OF WASTE PROCESSED

2018
+7%
1.9m
2017
1.7m
SDG 13

TONS NET CO2 SAVINGS

2018
-6%
411
2017
427

Learn more about NG

Summa Equity acquires Norsk Gjenvinning

On the 20th of December, Summa Equity Fund I (Summa) entered into an agreement to acquire Norsk Gjenvinning from Altor Fund III (Altor). The transaction is subject to government approval and is expected to be completed in Q1 2018.   Norsk Gjenvinning is Norway’s largest and leading recycling company, with approximately 1,200 employees and annual…

Read the story

Summa Equity acquires Norsk Gjenvinning

On the 20th of December, Summa Equity Fund I (Summa) entered into an agreement to acquire Norsk Gjenvinning from Altor Fund III (Altor). The transaction is subject to government approval and is expected to be completed in Q1 2018.   Norsk Gjenvinning is Norway’s largest and leading recycling company, with approximately 1,200 employees and annual...
Learn more