The story
The origins
Founded in 2009, GreenCycle was originally responsible for waste disposal and recycling management within the Schwarz Group. Later GreenCycle began offering its expertise in waste disposal and recycling to external customers outside the Schwarz Group as a consultant.
Entry into the operational waste disposal business
In 2018, GreenCycle made its first acquisition in the operational waste disposal market with the US company RMG Recycling. This was followed in the same year by the acquisition of Tönsmeier, at that time Germany's fifth-largest waste disposal service provider. Tönsmeier was founded in 1927, introduced dust-free waste collection in 1958, expanded into the new federal states in the 1990s and opened a branch in Poland in 1996. Since the beginning of 2019, the Tönsmeier locations in Germany and Poland have been operating under the 'PreZero' brand.
Further expansion
Several company acquisitions followed in 2019 and 2020, leading to market entries in Italy, Austria and Sweden. The company also entered the aluminium recycling business. In September 2020, PreZero announced its intention to purchase the waste and recycling business of the French Suez Group in the Netherlands, Luxembourg, Germany, Poland and Sweden. The acquisition of Suez's waste and recycling business in these countries was successfully completed in June 2021.
Since 2021, the company has been manufacturing flexible plastic packaging, offering consulting services on sustainable packaging and developing the first official certification for sustainable waste management.
From Wikipedia’s article on Prezero, shared under CC BY-SA 4.0.4