Agilyx increases its ownership in GreenDot
Bildkälla: Stockfoto

Agilyx increases its ownership in GreenDot

The plastics recycling company Agilyx is increasing its ownership in GreenDot to 50.1 percent through a joint acquisition with Lafor of shares from Circular Resources. The ownership stake rises from 46 percent, while Lafor reaches 49.9 percent.

The deal enables consolidation of GreenDot's accounts.

The company is expected to generate around EUR 375 million in revenue in 2026 with EBITDA above EUR 22 million. The acquisition is financed through a loan facility of EUR 5 million with 7 percent interest and a maturity of around six months.

Agilyx CEO Ranjeet Bhatia becomes chairman of the board at GreenDot.
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