Grupo BB&G Tech Sold
The announcement that Grupo BB-G Tech has been sold marks a strategic milestone in the consolidation of Europe’s growing waste-to-energy and recycling sector.
Prismore Capital, BDI-BioEnergy International, and Rieckermann Announce Strategic Investment in BB&G Tyre Pyrolysis Technology
Prismore Capital, BDI-BioEnergy International GmbH, and JR New Horizons (the investment arm of the Rieckermann Group) have jointly acquired Grupo BB&G’s advanced tyre pyrolysis technology through BB&G Recycling, a newly formed subsidiary. This strategic investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with industry leaders, Bridgestone and Versalis (ENI).
This deal was finalised after BDI-BioEnergy International, co-acquired by Rieckermann in January 2024, was approached by Prismore Capital to be a potential technology and investment partner. BDI is a supplier and innovator of greentech solutions.
The innovative tyre pyrolysis technology produces tyre pyrolysis oil (TPO) and recovered carbon black (rCB), both of which can be utilised to manufacture new tyres or alternative rubber-based products such as seals and compound-based plastic products.
The joint venture through BB&G Recycling further strengthens the continued development of the BB&G brand through:
- Continued process optimisation and technology rollout will lead to enhanced technology availability and high-quality product offerings in the market
- The development of its industrial plants further supports reducing the environmental impact of tyre disposal and promotes a circular economy. This reduces waste and the need for fossil-based raw materials, contributing to ecological sustainability.
- The marketing and sales of process technology to international markets help address and solve critical environmental issues globally.
Miguel Gil Mata, CEO of Prismore Capital, commented, “This strategic investment marks a significant milestone in our efforts to strengthen and scale our circular economy vertical. We are excited to collaborate with BDI and Rieckermann to bring this cutting-edge technology to market.”
David Niederl and Manfred Baumgartner, Managing Directors of BDI, commented, “BDI is proud to be the technology partner in this joint venture. The innovative tyre pyrolysis technology not only addresses a critical environmental issue but also promotes a circular economy by converting end-of-life tyres into valuable products. This strategic investment also allows us to diversify and strengthen our position in pyrolysis technologies, thereby fostering innovation and technological advancements within the industry.”
Flynn Seidel, Chairman of Rieckermann GmbH, added, “With the tyre pyrolysis technology, our customers in Asia can look forward to the development of new and improved products and high-quality, sustainable options. Leveraging on the Rieckermann Group’s extensive operating network in Asia and MENA, we can effectively market the technology licenses and solidify BB&G’s position and ours as the first choice industrial solution provider.”
Learn more:
- Recovered Carbon Black in the EU Market
- Pyrolysis Business Opportunities & Trends
- Ecolomondo Concludes Agreements with EDC
- Klean Industries Expands RCB Footprint in India and Malaysia
Cleantech Consolidation Is Accelerating – Are You Ready for the Next Phase of the Waste Revolution?
The sale of Grupo BB-G Tech is just one example of the increasing value placed on circular economy assets and advanced recycling technologies. As the European market consolidates, strategic partnerships and proven technology platforms are critical for growth.
Why Klean Industries Leads:
- Proven pyrolysis & gasification tech with global deployments
- Real-time digital tracking with the KleanLoop™ platform
- Solutions for recovered carbon black, fuels, and circular resources
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