Aktor’s discussions for the acquisition of 75% of Motor Oil subsidiaries Helector and Thalis points to a new, extremely powerful pole in the circular economy, with the eventual agreement being characterized as a “win-win” for both groups.
Furthermore, it is an important step in Aktor’s development strategy to diversify activities, expand revenue sources and generate recurring EBITDA.
The negotiations were made public only a few days after the announcement of Aktor’s €3 billion investment program, which serves exactly these purposes and is accompanied by a share capital increase of €650 million and the issuance of a corporate bond of €300 million.
Aktor and Motor Oil have advanced exclusive negotiations for the sale of majority stakes in Helector and Thalis, and such a transaction will drastically strengthen the position of Aktor in environmental projects, in view of the new wave of tenders expected in the critical areas of waste management, circular economy and the “water cycle.”
At the same time, Aktor’s collaboration with a group of Motor Oil’s size is an equally important corporate development in more general terms.
