# SCG Packaging acquires Netherlands recycler Peute Recycling

SCGP completed the acquisition of 100% of Peute Recycling B.V., the largest packaging materials recycler in the Netherlands, for EUR 78.19 million, adding one million tons per year of recovered paper capacity.

- Type: Acquisition
- Announced: 2022-07-18
- Where: Netherlands, Netherlands
- Value: $80.0M (78.2M EUR)
- Status: completed
- Capacity: 1 million tons per year of recovered paper
- Products: recovered paper, recycled plastic
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG Packaging](https://endata.com/companies/1313.md) (acquirer)
- [Peute Recycling](https://endata.com/companies/9469.md) (target)

## Sources

- [scgp.digitiv.net](https://scgp.digitiv.net/en/news/scgp-enters-into-peute-the-major-european-packaging-materials-recycling-business-with-a-million-ton-capacity-of-recovered-paper-progressively-strengthen-sustainability-target/), 2022-07-18: "Payment for the 100% stake is the immediate 78.19 million Euro (approximately 2,875 million Baht)."

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