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 …
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Renewcell
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 …
Renewcell Was Poised to Lead Fashion’s Recycling Revolution. How Did it Fail?
Late in December 2022, Swedish recycler Renewcell shipped the first batch of raw material from an industrial-scale plant it had built to transform textile waste …
Renewcell Files for Bankruptcy | BoF
Swedish textile recycler Renewcell said Sunday it filed for bankruptcy after failing to secure sufficient long-term funding to continue operations. The company launched a strategic …
Renewcell Launches Strategic Review, Seeks New Funding
Swedish textile recycler Renewcell said it has launched a strategic review to explore fresh funding options, after struggling to lock in sales of the material …