# Valgroup acquires PET bottle recycling activity of 3 Rios Fibras e Resinas

Valgroup, Latin America's largest plastics recycler, acquired the PET bottle recycling activity of 3 Rios Fibras e Resinas in Poços de Caldas, Minas Gerais, Brazil, to expand food-grade rPET production.

- Type: Acquisition
- Announced: 2022-07-04
- Where: Poços de Caldas, Minas Gerais, Brazil
- Status: completed
- Products: food-grade rPET, recycled PET resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Valgroup](https://endata.com/companies/11151.md) (acquirer)
- [3 Rios Fibras e Resinas](https://endata.com/companies/63923.md) (target)

## Sources

- [valgroupco.com](https://www.valgroupco.com/en/institucional/valgroup-faz-investimento-e-adquire-mais-uma-planta-de-reciclagem-no-brasil/), 2022-07-04: "Valgroup announces the acquisition of the PET bottle recycling activity of 3 Rios Fibras e Resinas, in Poços de Caldas, Minas Gerais"

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