# Heraeus takes majority stake in PET recycler perPETual Technologies, renames it revalyu Resources

Heraeus Holding GmbH acquired a majority stake in perPETual Technologies, a PET recycling company, and renamed it revalyu Resources GmbH. The company operates a manufacturing facility in Nashik, India, and employs around 300 people.

- Type: Acquisition
- Announced: 2022-05-10
- Where: Nashik, India, India
- Status: announced
- Products: PET recycling, polyester filament yarns
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Heraeus Group](https://endata.com/companies/26799.md) (acquirer)
- [revalyu Resources](https://endata.com/companies/62779.md) (target)

## Sources

- [revalyu.com](https://www.revalyu.com/uncategorized/heraeus-takes-over-majority-share-in-perpetual-technologies/), 2022-05-10: "revalyu is driven by innovation and fits perfectly into our portfolio"

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