# ALPLA Group acquires Texplast and PET Recycling Team Wolfen

ALPLA Group acquired Texplast from the FROMM Group and all shares in the joint venture PET Recycling Team Wolfen, increasing its annual PET processing volume in Germany to 75,000 tonnes.

- Type: Acquisition
- Announced: 2022-03-09
- Where: Bitterfeld-Wolfen, Germany
- Jobs: 125
- Status: completed
- Capacity: 75,000 tonnes of PET input per year
- Products: PET recyclate, PET pellets, PET flakes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [ALPLA](https://endata.com/companies/889.md) (acquirer)
- [FROMM Group](https://endata.com/companies/27839.md) (partner)
- [Texplast](https://endata.com/companies/61500.md) (target)
- [PET Recycling Team Wolfen](https://endata.com/companies/61501.md) (target)

## Sources

- [yumda.com](https://www.yumda.com/en/news/1175119/alpla-group-significantly-expands-its-pet-recycling-capacity-in-germany.html), 2022-03-09: "Our goal is the cycle from bottle to bottle."

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