Ambienta secures majority stake in Previero

Anzano del Parco, 11/05/23

Dear all,

As you know, nowadays Previero is one of the few companies capable of offer turn-key solutions for the entire recycling process and for all kind of recyclable plastic materials.

The opportunities offered by the incredible expansion of the market require an adequate growth of our company in terms of human and financial resources.

For this reason, myself and my two brothers, Aldo and Dario, sought to find a partner who would be able to support us in this ambitious journey. In Ambienta we found the ideal partner (capable of understanding the history and the potential of Previero) to expand our activities worldwide assuring stability and reliability for the next future to our employees, customers and suppliers.

Ambienta is a leading European Private Equity fund operating out of Milan, Munich, London and Paris focused on industrial growth throughout investments in companies driven by environmental trends. With funds under management of over €3.0 billion, the world’s largest capital pool for this strategy, Ambienta has completed sixty-five investments to date in the areas of resource efficiency and pollution control throughout Europe. Ambienta actively contributes to the development of its portfolio companies, offering industrial and managerial expertise and global connectivity.

Our family will continue to have the operational management and our typical partnership approach will remain as strong as ever.

We trust in your continuous support and we believe our choice will strengthen our mutual cooperation in existing and future recycling projects.

Kind regards,

Flavio Previero