Latour Capital and Bpifrance acquire Plastic Omnium Environnement.
Latour Capital, in a consortium with Bpifrance and alongside management, has acquired Plastic Omnium Environnement – the business that today forms SULO Group.
Key facts
- Date
- 18 December 2018
- Investors
- Latour Capital and Bpifrance, alongside management
- Company
- Plastic Omnium Environnement
- Founded
- 1965
- Revenue 2018
- €340 million
- Employees
- 1,800+
Founded in 1965, Plastic Omnium Environnement achieved revenue of €340 million in 2018 and employs more than 1,800 people. The company manufactures and distributes waste collection solutions and offers related services, mainly in France and Western Europe. Its customers include municipalities, distributors, private customers and waste collection companies.
With the transaction, the business became an independent group. Under the name SULO Group, it has since combined its established market positions with targeted acquisitions across Europe and beyond.
