MBA Polymers and energenta AG: Successful Completion of the Merger
A new chapter in high-quality plastics recycling begins
MBA Polymers is pleased to announce the successful completion of its merger with energenta AG. The shareholders of MBA Polymers unanimously approved the transaction and exchanged all their shares for new shares in the combined corporate group, which is listed on the Munich Stock Exchange (ISIN DE000A3DSK87). The merger marks the creation of a leading company in high-quality plastics recycling and recovery technologies.
Strategic Rationale
This transaction significantly strengthens the new group’s equity base to anable further growth and represents an important strategic milestone. The combined entity now covers the entire value chain in the plastics recyclates segment, from collection and sorting through to advanced compounding and material recovery. The group is positioning itself as a fully integrated, innovative platform in the circular plastics economy.
Mr Ferdinand von Eberhardt, the current Chairman of the Supervisory Board of MBA Polymers, has been elected by shareholders as Chairman of the Supervisory Board of the new combined group.
New Leadership Structure
Dr. Felix-Michael Weber, currenty CEO of MBA Polymers has been appointed to the Management Board of the combined group. He will be responsible for Finance, International Expansion, Mergers & Acquisitions, and Capital Markets Communications. The founding Management Board member, Gisbert Schulte-Bücker, will concentrate on operational activities, technological development, and the expansion of the group’s locations. Strategic development will be driven jointly by the Management Board.
Voices from the Management Board
“I am very much looking forward to shaping the future of energenta AG together with its founder, Gisbert Schulte-Bücker, and the entire team. Together is is our goal to further strengthen energenta’s position as an innovative, internationally expanding provider in plastics recycling and to create long-term value for our customers, partners and shareholders.”
— Dr. Felix-Michael Weber, New Member of the Management Board, energenta AG
“With Dr. Felix-Michael Weber, we are gaining a strong leader with international experience, strategic foresight and deep expertise in capital markets and financing. Together, we will continue to strengthen energenta AG on its growth path and set the course for a successful future.”
— Gisbert Schulte-Bücker, Member of the Management Board, energenta AG
Background: MBA Polymers’ Journey
Following its acquisition in 2017 from previous shareholders, including Dr Mike Biddle, Doughty Hanson & Co, Ambienta Environmental Investments and Balderton Capital, Elephant Equity and other entrepreneurially driven investors have undergone a significant transformation of MBA Polymers and developed activities in Germany and India. As a result of the merger, MBA Polymers shareholders now hold 33% of energenta’s shares and have nominated the Chairman of the Supervisory Board.
Outlook and Synergies
The combined group sees particularly strong synergies with Sysplast, a compounding company headquartered in Nuremberg with more than 20 years of industry experience. Together with Sysplast, the group plans to produce high-quality ABS, PS, PC-ABS and PP materials. Additional cooperation opportunities are anticipated with KVG, which manufactures high-quality recycled PP and PE grades.
With its solid capital structure and expanded capabilities, the group considers itself well positioned to consistently pursue its international expansion strategy and strengthen its position as a leading provider of sustainable plastics recyclates.
About the Combined Group
The enlarged group is a listed company focused on sustainable raw materials and recycling solutions. Through innovation, circular economy principles and technological expertise, the group creates long-term value along the raw materials value chain and makes an active contribution to conserving resources and reducing CO₂ emissions.
Media Contact: MBA Polymers GmbH · www.mbapolymers.com