# Viridor becomes majority shareholder in Quantafuel

Viridor, a UK waste management company, successfully completed its acquisition of a majority stake in Quantafuel AS, a Norwegian plastics-to-liquids technology company, for approximately £90 million. A new board has been formed with Viridor's CEO and CFO.

- Type: Acquisition
- Announced: 2023-05-15
- Where: Norway
- Value: $112.0M (90.0M GBP)
- Status: completed
- Products: plastics-to-liquids pyrolysis technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Viridor](https://endata.com/companies/3489.md) (acquirer)
- [Quantafuel ASA](https://endata.com/companies/68833.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/no/quantafuel-asa/pressreleases/viridor-becomes-majority-shareholder-in-quantafuel-as-in-successful-acquisition-3252891), 2023-05-15: "We are delighted that Viridor has become a majority stakeholder in Quantafuel. This acquisition is an important step on Viridor's growth journey to build a truly circular plastics economy."

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