NEXXUS IBERIA BECOMES A NEW SHAREHOLDER OF CONTENUR FOLLOWING THE DEPARTURE OF ACON INVESTMENTS

NEXXUS IBERIA BECOMES A NEW SHAREHOLDER OF CONTENUR FOLLOWING THE DEPARTURE OF ACON INVESTMENTS

Nexxus Iberia, a Spanish private equity firm, has concluded the acquisition of a majority stake in CONTENUR following its sale by ACON Investments.

Nexxus has reported the closure of the operation and its special interest in investments in leading companies that promote sustainable practices and support the energy transition, manufacturing 100% recyclable products at the end of their useful life. According to Pablo Gallo, founding partner of Nexxus Iberia: “Our passion is to turn the company into a global leader.”

The current CONTENUR management team will continue to lead the development of the group and maintain its position as a leading shareholder, with the aim of ensuring the continuity of a business plan that has allowed CONTENUR to position itself as a national leader and third in Europe in its sector.

 

About CONTENUR 

CONTENUR specialises in the design, manufacturing, marketing, and maintenance of containers for urban waste, which improve the quality of life, sustainability, and aesthetics of cities.

CONTENUR has offices in more than 50 countries through 14 subsidiaries and 4 production sites located in Spain, Poland, the United Kingdom and Brazil. One of the main objectives of the company, which last year had a turnover of more than 170 million euros, is to continue leading the development in its sector by working on the development of a new ESG Master Plan that reinforces its position as a sustainable company.

CONTENUR is a market leader thanks to its clear and sustained commitment to innovation and quality in both products and processes for more than 40 years as well as to its international development.