A The sale of 100% of Micronipol’s capital represents the first divestment from Explorer Investments’ Fund IV, which was created in 2018 with 65 million euros, the manager said in a statement.
For Explorer Investments, “this sale confirms investors’ expectations of profitability and is the result of the strategy implemented at Micronipol and the resilience and potential of this company”.
Micronipol, a polymer micronization and recycling company, was the subject of “strong investment and development” upon the arrival of Explorer Investments in 2021.
The sale process is in the completion phase and is still subject to approval by the Competition Authority.
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