The Recykl Group has secured €6 million in financing from the Foreign Expansion Fund 2 FIZAN, managed by PFR TFI, to acquire shares in Germany’s HRV and Lithuania’s APG, according to PFR
These transactions will help the Recykl Group grow its business, enter new markets, and ensure a steady supply of raw materials, which will strengthen its position in the European market.
“PFR consistently invests in initiatives that support Polish companies’ international growth, viewing it as a central strategy for enhancing domestic capital. An increasing number of firms are entering global markets, and we allocate resources where they can most effectively enhance their competitive positioning. The current economic transition presents exceptional prospects for enterprises seeking wider European market participation. The Recykl Group serves as a strong example of how such aspirations may be effectively realized in collaboration with PFR,” stated Mikołaj Raczyński, Vice President and Chief Investment Officer at the Polish Development Fund, in the official release.
Financing of up to EUR 6 million will be provided by the Foreign Expansion Fund 2 FIZ AN, managed by PFR TFI. These funds are designated to partially finance the acquisition in Germany and to refinance a portion of the loan obtained for the acquisition of the Lithuanian company, which was finalised at the beginning of the second quarter of 2025.
“Signing the loan agreement with the Foreign Expansion Fund marks a significant step forward in our M&A activities abroad. Direct entry into new territories, proximity to prospective clients, and securing essential sources of raw materials are strategic factors driving the Group’s value creation and enhancing the scope for future market consolidation over the long term,” commented Maciej Jasiewicz, President of the Recykl Group.
Recykl Group companies collect used tyres, produce rubber granules for industry, and provide tyre recycling and recovery services. They also handle product fee settlements for tyre makers and importers.
