Ragn-Sells is a privately held corporate group with operations in Sweden, Norway, Estonia and Denmark. MCF has previously acted as financial adviser to Ragn-Sells during the divestment of its Latvian operations earlier in 2018, as well as in the divestment of RSM&CO to Ramboll.
The divestment of the Polish operations is in line with Ragn-Sells’ corporate strategy to refocus along the broader trend towards sustainable circular economies that preserve scarce raw materials and natural resources. Ragn-Sells will now consolidate and focus the development of its three main business areas – Recycling, Treatment & Detoxification and New Value Chain.
Ragn-Sells’ Polish operations includes Ragn-Sells Polska (RSP) and its subsidiary Ragn-Sells Technology (RST), a joint venture with BEWI Drift Holding AS. Ragn-Sells Polska is headquartered in Gorzów Wielkopolski, Poland.
Magnus Uvhagen, Senior Adviser at Ragn-Sells said: “We are convinced that when Remondis is now taking over the Polish operations, it will bring new synergies and opportunities locally, but also accelerate the further development of both Ragn-Sells and Remondis. MCF Corporate Finance has been a great partner to us, giving valuable and very professional support throughout the entire process.”
Ragn-Sells is a leading waste management, environmental services and recycling company, headquartered in Sweden. The group has 2,300 employees and had a turnover of SEK 5.5 b. in 2016. Since 1966, the privately-held corporate group has been involved in waste management, environmental services and recycling. The company collects, treats and recycles waste and residual products from businesses, organizations and households.