Home / acquisitions / Reconomy Group acquisition expands circular capabilities in Europe 
Carsten Park Andreasen, CEO of Combineering

Reconomy Group acquisition expands circular capabilities in Europe 

Global circular economy business, Reconomy Group, has acquired green tech development company, Combineering, a well-established and rapidly-growing provider of unique, science based recycling solutions with the aim of turning waste into an infinite resource.

Based in Birkerød, Denmark, Combineering has been developing specialised recycling solutions for four decades, with the aim of maximising recycling rates, minimising waste, reducing CO2 emissions, and closing the loop for its customers. Its large scale, scientific and proprietary circular methods have been standardised and implemented across various industry sectors, providing full legal compliance and driving the best value for customers.

Combineering’s strong presence across industries including agriculture, energy, biogas, manufacturing and construction will compliment Reconomy Group’s existing ‘Recycle’ vertical and circular economy capabilities, whilst adding further specialist expertise and greater reach built on long-term customer relationships in several countries.

Combineering will continue to operate as a distinct brand within Reconomy Group and have the benefit of access to a much broader set of sustainable products, technologies and services.

Carsten Park Andreasen, CEO of Combineering, said: “This is a huge moment for Combineering and joining Reconomy Group – a business that also believes in the endless potential to transform waste into resources – will allow us to accelerate growth in our existing activities and develop new markets. We’re looking forward to working with our colleagues across the Group to maximise the opportunity to support customers globally with even more of their sustainability needs.”

Guy Wakeley, Chief Executive of Reconomy, added: “Enabling the circular economy for businesses around the world is the reason that Reconomy exists. Decoupling economic growth from the consumption of natural resources is a fundamental need for the 21st century and Combineering brings important proprietary capability to pursue this purpose and drive great ESG outcomes for our customers. Their history of invention, agility and innovation matches perfectly with our core values, and we are delighted to welcome the entire Combineering team into Reconomy to join us in the next exciting phase of our journey.”

The deal was completed on 28 February 2023.

Webinar: Creating a transparent, compliant and resilient supply chain – diversity as a key enabler for success

8th March, 11am – 12pm

On International Women’s Day 2023, FMJ is teaming up with Alcumus, leaders in supply chain compliance, and their client Sodexo, world leader in catering and facilities management, to explore how FM professionals can deliver unique value to existing and prospective clients by creating a diverse and inclusive supply chain to help drive resilience and compliance.

According to research, 92 per cent of consumers are more likely to trust a company that supports social or environmental issues while 58 per cent of employees consider a company’s social and environmental commitments when deciding where to work.

The all-female panel will explore how Alcumus and Sodexo are working in partnership to deliver supplier chain compliance for Sodexo, and why they are both so passionate about promoting diversity and inclusion beyond the workplace and into the supply chain.

The webinar will also discuss:

  • Why supply chain compliance is influencing FM provider selection
  • Why supplier diversity is so important in FM
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  • How to ensure diversity and inclusion in your supply chain

Click here to register for this free event.

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