# F2i acquires 70% of ReLife to develop circular economy business in Italy

Italian infrastructure fund manager F2i Sgr agreed to acquire a 70% majority stake in ReLife, a Genoa-based recycler of paper and plastic packaging, with the founders keeping 30%. ReLife has about 580 employees and 35 plants in northern and central Italy, with expected 2021 revenue of about EUR 250 million.

- Type: Acquisition
- Announced: 2021-08-11
- Where: Italy
- Status: announced
- Products: recycled cardboard, plastic packaging, solid recovered fuel
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [F2i Sgr](https://endata.com/companies/8262.md) (acquirer)
- [ReLife](https://endata.com/companies/8263.md) (target)

## Sources

- [relifegroup.com](https://relifegroup.com/f2i-verso-leconomia-circolare-con-relife/), 2021-08-11: "ha raggiunto l'accordo per acquisire la maggioranza di ReLife"

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