LyondellBasell gets cartel approval for minority stake in APK

Germany's Bundeskartellamt has approved LyondellBasell's planned investment to acquire a 28.2% minority stake in German plastics recycler APK AG. Along with Kirkbi and other investors, a total of €130 million will be invested in APK to expand its production capacity.

“Germany's Bundeskartellamt raised no objections to the Lyondell-Basell's planned investment in APK.”euwid-recycling.com

• 1 source
• euwid-recycling.comLyondell-Basell gets cartel approval to acquire stake in APK - EUWID Recycling and Waste ManagementEUWID, Gernsbach, Germany, Tom WilferMar 13, 2023

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