Bignon Lebray advised the GreenDot group, a European player in plastics recycling and circular economy solutions, on its acquisition of a 50% stake in Valorie SAS, the holding company of the French producer responsibility organisations (PROs) Léko and Léko Pro.
The transaction enables GreenDot to enter into a strategic partnership with Reclay International, a German environmental services group, which retains the remaining 50% stake in Valorie SAS. The two groups will jointly own and control the company.
This acquisition forms part of GreenDot’s strategy to develop its European platform and strengthens its position in the French Extended Producer Responsibility (EPR) market.
The merger of GreenDot and Valorie aims to generate synergies between regulatory compliance activities and industrial recycling capabilities. In particular, it is expected to provide enhanced access to higher-quality recycled plastics, strengthen the complementarity of EPR services in France and Germany, and facilitate the sharing of digital tools and operational resources.
The transaction also highlights the challenges facing the packaging recycling sector as European regulatory requirements continue to evolve and the circular economy gains momentum.
Bignon Lebray's Involvement
Bignon Lebray advised GreenDot on the legal aspects of this acquisition.
This transaction reflects the firm’s ability to support international groups in strategic transactions, drawing on its multidisciplinary expertise to anticipate their challenges and support their growth.
Bignon Lebray’s Team
Corporate Law, Mergers & Acquisitions: Neil Robertson (Partner), Justine Langer (Counsel) and Ilias Dhaou (Associate)
Competition, Distribution, Contracts & Consumer Law: Frédéric Coulon (Partner) and Elisa Messmer (Associate)
Employment Law & Social Protection: Jérémie Boublil (Partner) and Quentin Kéraval (Associate)
Public Law: Sébastien Pinot (Partner) and Martin Charron (Senior Associate)
Other advisers :
Centaure Avocats : Ludovic Landivaux, Partner
