Plastic Zeitz is a recycling company from Saxony-Anhalt that specialises in the reprocessing of disposable bottles.
Remondis is a German company engaged in waste recycling, water management and alternative fuels. Remondis acquired Plastic Zeitz to expand its own range of services.
Following transaction team facilitated the transaction for our client.
About the sector
The services sector in Germany accounts for three quarters of all employed persons and generates around two thirds of GDP, making it the largest and fastest growing economic sector in Germany. The market grew strongly in the last decade, often with double-digit growth rates. Optimal infrastructure, high productivity rates and highly qualified personnel make Germany an extremely attractive location for the provision of services.