Plasticos Compuestos Sa announced that it has received 5 million in funding from Caixa Capital Risc, SGECR, S.A., Institut Català de Finances Capital, SGECR, SAU, and other investors.
May 25, 2015 at 12:00 am EDT
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Plasticos Compuestos Sa announced that it has received 5 million in an equity funding led by new investors, Capital Expansió, FCR, a fund managed by Institut Català de Finances Capital, SGECR, SAU and Caixa Innvierte Industria SCR,a fund managed by Caixa Capital Risc, SGECR, S.A. on May 25, 2015. The company reported revenues of 25 million in year ending December 31, 2014. The company founder team has also joined the round.
Impulsa Capital acted as a financial advisor to the company. Fornesa Abogados acted as a legal advisor to the company. Internal personnel acted as financial advisors to the investors.
Pl'sticos Compuestos, S.A. is a manufacturing company specialized in designing and producing biodegradable resins and compounds for the plastic industry. Such compounds contain mineral fillers, colors and additive concentrates which provide plastics with the mechanical properties required as well as reducing their CO2 footprint.
Pl'sticos Compuestos, S.A. has developed proprietary knowhow and technology in the areas of the circular economy of plastics, including biodegradable and compostable resins, as well as knowhow for the recycling and reutilization processes for plastics.
Pl'sticos Compuestos, S.A. operates with two manufacturing facilities located in Barcelona.
Plasticos Compuestos Sa announced that it has received €5 million in funding from Caixa Capital Risc, SGECR, S.A., Institut Català de Finances Capital, SGECR, SAU, and other investors.