# Ikea acquires minority stake in Morssinkhof Rymoplast plastic recycling plant

Ikea acquired a 15 percent minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling company, as part of its 1 billion euro budget for sustainable materials. Morssinkhof Rymoplast has processing capacity of 200,000 metric tons.

- Type: Investment
- Announced: 2017-02-07
- Where: Netherlands, Netherlands
- Status: completed
- Capacity: 200000 metric tons
- Products: recycled plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Morssinkhof Rymoplast](https://endata.com/companies/10375.md) (target)
- [IKEA](https://endata.com/companies/18705.md) (investor)

## Sources

- [environmentenergyleader.com](https://www.environmentenergyleader.com/articles/18760-ikea-buys-minority-stake-in-plastic-recycling-plant), 2017-02-07: "Ikea has acquired a 15 percent minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.