The acquisition of Environmental Transport S.A. (PERME HELLAS) announced today Polygreen, a leader in environmental protection. With this move, Polygreen further complements its offered services, gaining a significant footprint in the logistics sector, as well as infrastructure that includes waste collection and transport facilities and equipment. This acquisition is the company’s second significant investment move for 2022, after that of Vasilakopoulos Recycling S.A. last March.
With the acquisition of PERME HELLAS, Polygreen strengthens its assets with significant infrastructure, which includes a fleet of approximately 70 collection vehicles, over 800 temporary storage bins and 4 privately owned waste management facilities. At the same time, it enriches its human resources with over 200 employees, with expertise and know-how in the field of waste management. Finally, it maintains the partnership portfolio of PERME HELLAS, which includes contracts with alternative recycling systems.
Mr. Lavrentis AlbertisGeneral Manager of Polygreen said: “The inclusion of PERME HELLAS in the Polygreen family fills us with pride, as we are acquiring one of the healthiest and most valuable companies in the field, which for over 20 years has been built with great passion and hard work Spyros Karouzos. With the acquisition of PERME HELLAS, we are developing the core part of logistics and thus accelerating the construction of our overall product offering, further verticalizing our services to our customers. This will also be the direction of our next investment moves in Greece, with the aim of continuously strengthening our position in the field of environmental protection”.
Source: Capital
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