An affiliate of HIG Capital (HIG) has completed the sale of Der Grüne Punkt – Duales System Deutschland (DSD) to Circular Resources, which provides a comprehensive offering for global corporations to meet their need for recycled plastics.
Its combination with DSD will create a large-scale provider of solutions for the circular economy in Europe with a secured, stable and high-quality inflow of raw materials for recycling.
Der Grüne Punkt was founded in 1990 as Germany’s first dual system to provide nationwide collection of used sales packages in a transparent and cost-efficient way beneficial for the consumer. Over time, DSD has developed its own recycling activities and has become an integral part of the overall value chain in the circular economy. Der Grüne Punkt is one of Germany’s best-known and most trusted consumer brands.
Under HIG’s shareholding, DSD has established itself as a market leader in the German circular economy. The Company has professionalized its licensing business and actively contributed to the development of a sustainable regulatory framework in Germany to handle packaging waste with high compliance levels. Additionally, HIG and DSD made strategic investments into dedicated plastic recycling facilities in Germany.
