- GBN is headquartered in London
- Nordic Capital invested in Sortera in 2021
- Nordic Capital is a private equity investor based in Stockholm, Sweden
Sortera, a portfolio company of Nordic Capital, has acquired GBN Services, an independent company within waste management and recycling of construction waste in Central and North London and surrounding areas.
No financial details of the transaction were disclosed.
GBN is headquartered in London.
GBN is Sortera’s second acquisition in London in the last year and its 19th acquisition since its inception.
Sortera´s turnover will increase to over SKr 3.1 billion (€265.89 million; $284.96 million) with this transaction, according to a release.
“This is an important acquisition for Sortera as it firmly establishes us as one of the leading companies in the London market,” said Sebastian Wessman, CEO of Sortera. “By adding GBN to our UK operations, we will serve our customers in the London area on a much broader scale.”
Nordic Capital invested in Sortera in 2021.
Sortera is a company within collection, recycling, processing, and sale of residual products of construction waste. The company is based in Stockholm, Sweden.
Nordic Capital is a private equity investor based in Stockholm, Sweden.