German Ramon-Cortes
Norgestion
CTR Mediterraneo
Deal Type
Company sale
Sector
Energy & Sustainability
Completion Date
24th November 2022
Deal Value
Not disclosed
Company Background
CTR is an integrated waste management company focused on the management of industrial and non-industrial waste in the Mediterranean coast of Spain. The Company has authorization to manage hazardous, non-hazardous and inert waste though its more than 24,000 sqm.
The Company has been operating for more than 20 years, has around 60 employees and its own fleet of more than 10 vehicles.
Deal Summary
Sale of 90% of the company to Paprec.
Value Added
Competitive process with other industrial players interested in the company. Allowed the company to focus on its day to day operations and increase its price.
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