New investor Summa Equity paves way for further growth Bollegraaf Group
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- Resource Efficiency
3 min read
September 17th, 2024, Stockholm, SE & Appingedam, NL: Impact investment firm Summa Equity “Summa” has acquired a majority stake in the global leader of turnkey recycling solutions, the Bollegraaf Group “Bollegraaf”.
The acquisition of Bollegraaf happens about a year after Summa presented their report “Investing in a circular and waste-free Europe”. The report identified how a EUR 230bn investment is needed by 2040 for new physical assets and infrastructure to enable the transition to a circular European economy.
Bollegraaf is a key enabler in decarbonizing the materials system. As a leader in the recycling industry, we’re proud to be working with them to continue the evolution of their innovative and circular solutions.
Bertrand Camus, Thematic Partner at Summa
Bollegraaf has a strong impact profile through actively contributing to the EU taxonomy. Summa sees that Bollegraaf fits well in their resource efficiency theme. Optimizing the use of natural resources is one of the spearheads of Summa’s strategy and in this challenge they will from now on join forces with Bollegraaf. Investing from its EUR 2.3bn Summa Equity Fund III, this acquisition leverages Summa’s expertise in enhancing portfolio companies’ strategies to create long-term value and address critical global issues.
Over the last decades, Bollegraaf has grown into a total solution provider in the recycling industry. Bollegraaf provides waste management companies worldwide with state-of-the-art sorting installations and machinery. Innovations in advanced mechanical recycling are at the core of these high-end solutions. Bollegraaf’s technologies and solutions help reduce carbon footprints associated with material processing and recycling and increase recycling rates. It therefore plays a crucial role in the transition towards more sustainable and low-carbon industrial practices.
“Bollegraaf is a frontrunner in the recycling industry. We are convinced that in partnership with Summa, Bollegraaf can accelerate further growth and drive the transition to a circular economy. Together with Summa, we can invest in innovation and advanced technologies and improve the solutions for our clients through strategic acquisitions. Summa’s industry advisor network is also playing a crucial role in uncovering new opportunities to enhance our efforts”.
The acquisition of Bollegraaf is being made within Summa’s Resource Efficiency investment theme and contributes positively to UN Sustainable Development Goal #11.6, #12.5 and #13.1. Summa takes over Bollegraaf from Capital A Investment Partners, who has been the controlling shareholder for the past 9 years. In this period, with Capital A‘s support, the Bollegraaf Group experienced significant growth and innovative breakthrough, positioning the company as a key player in the recycling industry.
The acquisition is pending regulatory approvals and is expected to close in October 2024.
Bollegraaf & Summa
About Bollegraaf
The Bollegraaf Group is a world-leading expert and innovator in the waste sorting and recycling sector. Bollegraaf’s reputation is based on the unique quality of equipment in terms of separation performance, robustness, and ease of maintenance. Bollegraaf is a market leader in its sector, with a strong presence in both North America and Europe and growing business in Africa.
Bollegraaf aims to provide its clients the highest return on investment as well as circularity impact through state-of-the-art innovative recycling solutions. Bollegraaf offers these state-of-the-art recycling solutions for all types of waste streams, from household waste, paper, and plastics up to construction and demolition. Bollegraaf operates under the brand names Bollegraaf Recycling Solutions and Lubo Recycling Solutions. In North America Bollegraaf is represented by its long term strategic partner and exclusive distributor Van Dyk Recycling Solutions.
About Summa
Founded in 2016, Summa is an impact investor focusing on three thematic areas: Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation. The purpose of Summa is to invest in solving our global challenges.
Summa has c. EUR 5 billion in assets under management and has made over 30 platform investments across the three funds raised to date. Investments have the potential for long-term sustainable outperformance because they address some of the social, environmental, and governmental challenges we need to solve as a society.
The team is located in Northern Europe, with offices in Stockholm, Oslo, and Munich. Partnerships are part of Summa’s DNA, exemplified by being a certified B Corporation and collaborating with Harvard Business School and the International Foundation for Valuing Impacts (IFVI).
For interviews or more information, please contact:
Hannah Gunvor Jacobsen, COO and Head of IR at Summa Equity
+47 936 41 960 | hannah.jacobsen@summaequity.com
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