# Valgroup acquires NuovaPlast and 3R in Italy

Valgroup acquired two Italian companies, NuovaPlast (PET preform production) and 3R (bottle recycling), expanding its recycling and PET preforms production in Italy.

- Type: Acquisition
- Announced: 2022-12-02
- Where: Italy
- Status: announced
- Products: PET preforms, recycled PET resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Valgroup](https://endata.com/companies/11151.md) (acquirer)
- [NuovaPlast](https://endata.com/companies/67071.md) (target)
- [3R](https://endata.com/companies/67072.md) (target)

## Sources

- [valgroupco.com](https://www.valgroupco.com/en/institucional/valgroup-faz-investimento-e-adquire-duas-novas-plantas-na-italia-expandindo-a-reciclagem-e-a-producao-de-preformas-pet/), 2022-12-02: "the acquisition of NuovaPlast and 3Rs contributes directly to our goal of being NET ZERO by 2040"

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