Go to deals
Automotive

Rubber Resources B.V. has been acquired by Elgi Rubber International Ltd.

Ranivo Holding B.V., the ultimate shareholder of Rubber Resources B.V., has successfully sold its shares to India-based Elgi Rubber International Limited (Elgi). Financial details of this transaction have not been disclosed.

Rubber Resources, a former subsidiary of Dutch tyre manufacturer Vredestein Banden, is a developer and recycler of rubber materials mainly for the tyre industry. The company offers natural reclaim, powders, granulates and butyl reclaim. As one of the world’s largest players in rubber recycling, Rubber Resources is active worldwide.

Elgi has a focus on rubber recycling and provides solutions to the rubber industry, specifically (retreading) tyres. Based in India, it has additional operations in Brazil, East Africa, the US and South Asia. For Elgi, this acquisition means a strong presence in Europe and a big step towards being a worldwide supplier of reclaim to the rubber industry.

Oaklins' team in the Netherlands acted as financial advisor to the seller in this transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Maarten  Wolleswinkel

Maarten Wolleswinkel

Partner

Amsterdam, Netherlands
Oaklins Netherlands
 Marc  van de Put

Marc van de Put

Partner

Amsterdam, Netherlands
Oaklins Netherlands

Related deals

Grupo Mutua Madrileña has acquired Centauro Rent a Car from Portobello Capital
Automotive | Private Equity

Grupo Mutua Madrileña has acquired Centauro Rent a Car from Portobello Capital

Grupo Mutua Madrileña has acquired Centuaro Rent a Car from Portbello Capital.

Learn more
Prochimir SAS has been acquired by Arkema
Automotive | Industrial Machinery & Components | Other Industries

Prochimir SAS has been acquired by Arkema

The management of Prochimir SAS and CM-CIC Investissement have sold the company to Bostik, a subsidiary of Arkema.

Learn more
alphatronics GmbH has been acquired by BE Beteiligungen Fonds
Automotive | Consumer & Retail | Private Equity

alphatronics GmbH has been acquired by BE Beteiligungen Fonds

The owner of alphatronics GmbH has sold the company to BE Beteiligungen Fonds.

Learn more