# Herambiente agrees to acquire Aliplast plastic recycling group

Hera subsidiary Herambiente signed a binding agreement to acquire the Aliplast Group from Aligroup S.r.l., with an enterprise value of roughly EUR 100 million, paid in stages through June 2022.

- Type: Acquisition
- Announced: 2017-01-23
- Where: Ospedaletto di Istrana (Treviso), Italy
- Value: $107.0M (100.0M EUR)
- Status: announced
- Capacity: more than 80,000 tonnes of plastic materials per year
- Products: recycled plastic materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Herambiente](https://endata.com/companies/793.md) (acquirer)
- [Hera](https://endata.com/companies/794.md) (partner)
- [Aligroup](https://endata.com/companies/795.md) (partner)
- [Aliplast Group](https://endata.com/companies/796.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HERA-S-P-A-102109/news/HERA-Herambiente-acquires-Aliplast-23739203/), 2017-01-23: "Herambiente, a Hera Group company and national leader in waste treatment and recovery, signed a binding agreement with Aligroup S.r.l. for the acquisition of the Aliplast Group."

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