Vauban Infrastructure Partners has acquired a significant minority stake (20 per cent) in Paprec Holding, an integrated French waste and recycling company, operating in the collection, sorting and treatment of non-hazardous waste from private and municipal entities.
Paprec is the third largest player in the French waste management market, with cEUR2.1 billion of sales in 2021. After this operation, Vauban will become Paprec’s second largest shareholder.
