Textile-to-textile recycler Circulose has named former H&M Group CEO Helena Helmersson to chair its board and appointed McKinsey partner Jonatan Janmark CEO as it seeks …
Recycler
Lululemon-Backed Recycler Samsara Eco Raises $65 Million
Lululemon-backed plastics recycler Samsara Eco has raised $65 million to help scale its operations. The Australian company uses enzymes to recycle plastics like polyester and …
Textile Recycler Renewcell Acquired Out of Administration by Altor
Swedish private equity firm Altor Equity Partners has acquired the remaining assets of bankrupt textile-to-textile recycler Renewcell, the company said Tuesday. The acquisition caps a …
H&M-Backed Textile Recycler Syre Raises $100 Million
Polyester recycling company Syre has raised $100 million to help finance construction of a pilot plant in the US this year, pave the way to …
Multiple Bidders Emerge to Buy Bankrupt Recycler Renewcell
Multiple bidders have put in offers to buy the business and assets of bankrupt Swedish textile recycler Renewcell, the company’s bankruptcy trustee said Thursday. The …