M&A Deal Summary

Renewi Acquires PARO

On May 24, 2022, Renewi acquired environmental company PARO from GMP Group for 67M EUR

Acquisition Highlights
  • This is Renewi’s 3rd transaction in the Environmental sector.
  • This is Renewi’s 0th largest (disclosed) transaction.
  • This is Renewi’s 2nd transaction in the Netherlands.

M&A Deal Summary
Date 2022-05-24
Target PARO
Sector Environmental
Buyer(s) Renewi
Sellers(s) GMP Group
Deal Type Divestiture
Deal Value 67M EUR

Target

PARO

Amsterdam, Netherlands
PARO is a commercial waste and recycling business that operates from a large and well-permitted processing facility located in the port area of Amsterdam and trades under the brands Paro, Cirqu, and Buro Ontwerp & Omgeving (Buro). PARO was established in 2004 and is based in Amsterdam, Netherlands.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Renewi

Milton Keynes, United Kingdom
Category Company
Founded 1880
Sector Environmental
Employees6,465
Revenue 1.7B EUR (2024)
DESCRIPTION

Renewi is a waste-to-product business ideally positioned to be part of the solution to some of the main environmental problems facing society today: reducing waste, avoiding pollution, and preventing the unnecessary use of finite natural resources. Renewi was founded in 1880 and is based in Milton Keynes, United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Environmental) 3 of 3
Type (Divestiture) 1 of 1
Country (Netherlands) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 Van Gansewinkel Groep BV

Eindhoven, Netherlands

Van Gansewinkel Groep BV is the waste management and processing company in the Benelux, engaging in the collection and processing of waste into raw materials and energy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-30 Renewi - UK Municipal

Milton Keynes, United States

Renewi's UK Municipal focuses on extracting value from waste and used materials. Renewi's UK Municipal is based in Milton Keynes, United Kingdom.

Sell -

Seller(S) 1

SELLER

GMP Group

Arnhem, Netherlands
Category Company
Founded 2006
Sector Environmental
DESCRIPTION

The GMP Group consists of several entities with a common view and mission to deal conscientiously with people and the environment. GMP Group was established in 2006 and is headquartered in Arnhem, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

Legal