ACON Completes Divestment of CONTENUR to Nexxus Iberia
Slice of Manufacturing Team
08/04/2024
Key Highlights:
Quotes
“ "We are excited to have completed the second investment by our fund. Further, we are pleased to be partnering with a management team that has led the Company for 30 years and in which we have complete confidence." ”
Pablo Gallo, Founding Partner at Nexxus Iberia
Our Take:
The completion of ACON’s divestment of CONTENUR to Nexxus Iberia signifies a strategic move in the private equity landscape, highlighting the robust potential within the waste management sector. CONTENUR’s significant market presence and international expansion underscore the company's strength and adaptability. Nexxus's investment, backed by reputable entities like Schroders and the EIF, positions CONTENUR to further its sustainability initiatives and market growth. This transition marks a pivotal step in CONTENUR’s journey, poised to leverage new opportunities and solidify its leadership in the sector.
