M&A Deal Summary |
|
|---|---|
| Date | 2021-06-01 |
| Target | CarbonLite Industries - PET Recycling Facility |
| Sector | Environmental |
| Buyer(s) | Evergreen Together |
| Sellers(s) | CarbonLite Industries |
| Deal Type | Divestiture |
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Evergreen Together provides a sustainable, supply of quality polyester resin PET strapping. Evergreen is also a major producer of recycled polyethylene terephthalate (rPET), producing 40 million pounds of rPET pellet each year. Evergreen Together was founded in 1998 and is based in Clyde, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Environmental M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Environmental |
CarbonLite Industries is a producer of FDA-approved, bottle-grade recycled PET resins in the US, providing recycled PET to major bottling corporations such as Nestle Waters and PepsiCo.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Environmental M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
