# Novamont acquires Norwegian BioBag Group in €30m deal

Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.

- Type: Acquisition
- Announced: 2021-01-13
- Where: Norway
- Value: $36.3M (30.0M EUR)
- Status: completed
- Products: compostable bioplastics, waste collection bags
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Novamont](https://endata.com/companies/2470.md) (acquirer)
- [BioBag Group](https://endata.com/companies/7717.md) (target)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/13), 2021-03-05: "Italian compostable bioplastics giant has acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30m."

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