Acquisition of Euro Recycling by Lankhorst-Euronete Group

Transaction
Royal Lankhorst-Euronete Group B.V. has acquired the activities of Euro Recycling B.V. Rembrandt M&A acted as the exclusive financial advisor of the seller.

Parties
Eurorecycling is a company that was founded in 1998 with the development of several plastic products. Currently, Euro Recycling is a supplier and producer of recycled plastic products. Eurorecycling is specialized in elastic padding material and plastic weirs, and supplies to various industries. The company is located in Nijkerk, the Netherlands.
For more information, see: www.eurorecycling.nl

Royal Lankhorst-Euronete is a recycling company located in Sneek, in the north of the Netherlands. The company was founded in 1803 as a rope factory, but has grown to become a large producer of recycled plastics. The company has six different divisions: Cables for shipping, fishing nets, technical products, materials for sailing yachts, threads, and solid plastic. Further, Royal Lankhorst-Euronete is particularly known for the recycled plastic roadside poles it produces and sells throughout Europe. The company has about 25 employees, and had revenues of 150 million euros over 2010.
For more information, see, zie: www.lankhorsteuronete.com