# NEXT GENERATION GROUP acquires majority stake in HydroDyn

NEXT GENERATION GROUP, a plastic recycling machinery provider, acquired a majority share in HydroDyn, a technology provider specializing in plastic waste cleaning and purification, to expand its post-consumer recycling solutions.

- Type: Acquisition
- Announced: 2023-07-28
- Status: announced
- Products: plastic recycling machinery, plastic waste cleaning and purification technology
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [NEXT GENERATION GROUP](https://endata.com/companies/71686.md) (acquirer)
- [HydroDyn](https://endata.com/companies/71687.md) (target)

## Sources

- [ngr-world.com](https://ngr-world.com/next-generation-group-investing-in-hydrodyn/), 2023-07-28: "By joining forces with HydroDyn, NEXT GENERATION GROUP is well-positioned to meet the increasing demand for integrated plastic recycling solutions."

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