ERJ staff report (TP)
Munich − Serafin private equity group has purchased UK rubber recycling companies Charles Lawrence International (CLI) and Playtop Licensing, reported Recycling International.
CLI recycles rubber and steel from end-of-life commercial vehicle tires and also manufactures rubber recycling equipment. Playtop produces impact-absorbing playground surfacing.
Serafin says it will be able to boost both UK companies by “opening up new growth perspectives”. In line with its corporate strategy to explore the potential of all the players in its portfolio, Serafin plans to sharpen its focus…