Benfante Group and Cartiera di Bosco Marengo joined in the ReLife Group

Fineurop Soditic acted as exclusive financial advisor in the transaction in which the Benfante Group and Cartiera di Bosco Marengo joined in the ReLife Group.

The Benfante Group is a leading pole for the enhancement of urban waste collection and special recoverable waste, while Cartiera di Bosco Marengo is a manufacturer of coreboard, interlayer separator and grey board for edge protectors from recycled paper.

The transaction, involving 11 entrepreneurs, is backed by Xenon Private Equity.

ReLife Group, with 13 plants in Italy, 360 employees and 2017 pro-forma revenues of Euro 140 million, will be the domestic leading player in the waste to energy business thanks to its wide integrated network in the circular economy.

 

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