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Attero changes hands

Attero's waste processing facility in Wijster

Leading Netherlands waste manager and recycler Attero is being bought by investment house Ardian Infrastructure.

Headquartered in Wilp, Attero’s business includes plastic recycling, energy-from-waste and biomethane production. It processes 3.6 million tonnes of municipal and business waste per year.

One of the biggest shareholders, 3i Infrastructure, is selling its 25% stake, saying its expected net proceeds are approximately EUR 215 million, more than 30% higher than its own valuation in March. The transaction is conditional on works council consultation and receiving clearance from the European Commission under the EU Merger Regulation. Completion is anticipated in Q4 2023.


Richard Laing, chair of 3i Infrastructure, commented: ‘Attero has been a most successful investment for the company, experiencing substantial growth during our investment period’.

Daniel von der Schulenburg, Ardian’s head of infrastructure in the northern Europe region, says: ‘We have been impressed by the operations and exceptional management team of Attero – a company that is a leader in waste management and circular economy solutions.’

Attero ceo Paul Ganzeboom said he was excited at the potential growth. ‘Together with Ardian’s support, we will be able to invest significant funds into decarbonisation plans and further increase our recycling activities.’

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