# Hexpol acquires remaining 30% of German compounder almaak for €36.7M

Hexpol AB has exercised its option to purchase the remaining 30% of German recycled polymer compounder almaak for €36.7 million, taking full ownership. Hexpol had previously acquired a 70% stake in 2022.

- Type: Acquisition
- Announced: 2025-04-09
- Where: Krefeld, Germany, Germany
- Value: $40.0M (36.7M EUR)
- Status: completed
- Capacity: 60 kilotonnes per annum of technical thermoplastics
- Products: recycled engineered polymer compounds, polyamides, polycarbonate, polypropylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hexpol](https://endata.com/companies/504.md) (acquirer)
- [almaak](https://endata.com/companies/62099.md) (target)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2097219/hexpol-fully-acquires-recycled-polymer-compounder), 2025-04-10: "Hexpol AB has taken over the full ownership of German recycled polymer compounder almaak, for a value of €36.7 million."

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