GreenDot acquires French advanced mechanical recycler RG Group
25.03.2026Agilyx ASA reports GreenDot's acquisition of the French recycling company RG Group and its two additional mechanical recycling sites for LDPE (Tence and Saint-Pal-de-Mons), expanding the group's European footprint and capabilities to deliver quality recyclate to packaging manufacturers and brands. RG has been active since 2019, had a turnover of circa € 20 Million in 2025, and has 50 employees.
The acquisition marks GreenDot's first operational presence in France and significantly enhances its expertise in Commercial and Industrial (C&I) polyethylene film recycling. France’s eco modulation framework has created strong incentives for recyclers and converters to incorporate more “Made in Europe” materials. RG Group currently processes more than 20 kta of LDPE film, with the potential of increasing capacity beyond 35 kta.
Laurent Auguste, CEO of GreenDot, said: "Integrating RG Group is an important step in strengthening our European footprint and accelerating true circularity for plastics. France is a key market, and with these new capabilities, we can deliver even more high quality recyclates to brands committed to sustainable packaging."
RG Group strengthens the GreenDot Group’s position as a rising European leader in LDPE recycling across both household and post commercial streams. With this strategic move, the GreenDot group continues to expand its European presence and reinforce its role as a leading provider of high quality recycled plastics for the packaging industry.
