Global menu

Our global pages

Close

Eversheds Sutherland advises Reconomy Group on acquisition of Reverse Logistics Group

  • United Kingdom
  • Germany
  • Global

    17-03-2021

    Eversheds Sutherland has advised Reconomy Group, the UK’s leading provider of outsourced resource management and environmental services, on the acquisition of Reverse Logistics Group (RLG). A cross-border Eversheds Sutherland team advised on all legal aspects of the purchase as well as the acquisition financing.

    This transaction will contribute to Reconomy’s long-term aim of becoming a global leader in tech-enabled services whilst creating a leading global presence and adding a new capability in reverse logistics.

    Reconomy is the UK’s market-leading provider of outsourced environmental services including recycling, waste and resource management principally operating across five key sectors: commercial construction, housebuilding, infrastructure, business and industry, and compliance. The company is owned by London-based private equity group EMK Capital since 2017.

    RLG, headquartered in Dornach, Germany, is a leading tech-enabled provider of end-to-end solutions for returns management and environmental compliance, helping its blue-chip customer base to deal with increasing environmental, regulatory and logistical demands. RLG is present in over 80 countries worldwide with a 2020 turnover of more than € 150 million.

    Reconomy was represented by an international Eversheds Sutherland team, with the M&A transaction led by Munich-based Anthony Cross and UK-based Nigel Cooke (both corporate/M&A) and the acquisition financing led by Munich-based Carolin Glänzel and UK-based Patrick Davis (both Banking).

    The broader team included Simon Weppner and Niklas Schilawa (Tax), Manuela Rauch (Employment), Martin Bechtold (Regulatory & Competition) and Luise Paulsen (Corporate/M&A).

    Eversheds Sutherland regularly advises Reconomy in M&A transactions, recently on the acquisition of German waste management service provider Noventiz Group from German PE house SEAFORT Advisors.

    Nigel Cooke, Partner
    Anthony Cross, Partner

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF

    © Eversheds Sutherland 2021. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.