Pressemitteilung —
Reclay takes over 100 percent of the shares in Finnish consulting company
FinnLoop Oy provides consulting services to companies with a focus on circular economy solutions
Köln / Herborn, 11/09/2022 – As an international service provider in the fields of environmental and waste disposal management, Reclay has taken over all shares in the Finnish consulting company FinnLoop Oy. Only recently, the group of companies to which Reclay belongs was also able to take over the major parts of the Finnish recycling system. The further professionalization of the consulting business is now the next strategic step in the Finnish market.
Last year, Reclay established FinnLoop Oy as a joint venture with Griffin Refineries Oy to extend its international consulting services to the Finnish market. After the Raan Group – Reclay's parent company – also acquired the largest shares in the Finnish recycling system Finnish Plastic Recycling Ltd via a subsidiary this year, the complete takeover of FinnLoop Oy by Reclay represents a further step towards implementing a modern recycling economy in Finland. The share purchase was based on a company valuation of approximately EUR 1.3 million.
Innovative strength and expertise for modern recycling management
Antti Tiilikainen, member of Reclay's management board and chairman of both the Finnish recycling system and FinnLoop Oy, is delighted with the strengthening of activities on the Finnish market: "Over the course of the last year, we have already laid a very valuable foundation with FinnLoop to bring our expertise and know-how to the Finnish market. By taking over the company completely, we now have the ability to make the best use of our international experience in the consulting business."
Reclay brings much needed innovation and valuable expertise in the areas of take-back solutions, recycling, and extended producer responsibility (EPR). "Circular economy must be thought of globally," Tiilikainen says with certainty. "We see great potential in Finland and would like to take advantage of the current optimism to drive change to a modern and feasible circular economy."
Press Contact
Felix Raubach
E-Mail: f.raubach@raan-group.com
Phone: +49 170 753 0798
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About Raan GmbH
As an internationally active and owner-operated group of companies, RAAN GmbH and its subsidiaries stand up for a functioning and modern circular economy in a variety of different areas. The team works together in transnational teams towards their vision of sustainably closing material cycles to conserve natural and limited resources. The company group includes the Reclay Group, a worldwide operating service provider in the areas of recycling and environmental and waste disposal management. RecycleMe GmbH is another member and provides international consultancy in the fields of packaging optimisation and extended producer responsibility. The Raan Group also includes BUTT Media GmbH, an agency for sustainable eco-design, and Synopticons, which specialises in the development of digital solutions in the field of circular economy. Under the brand name Frieda & August, the group has also opened its own online shop for delicacies, wines and spirits.
About Reclay Group
The Reclay Group is a globally aligned service provider in the field of extended producer responsibility and individual strategies for closing material cycles. The team of experts covers the entire value chain in recycling and materials management and develops precise solutions which enable their customers to achieve their environmental goals. As an operator of take-back systems at several locations worldwide, the Reclay fulfils mandatory participation both responsibly and in full. Activate by Reclay also offers manufacturers and distributors of small quantities a legally secure solution.
