Royalton Partners has acquired a controlling stake in KOM-EKO, one of Poland’s leading waste management companies and a market leader in Refuse-Derived Fuel (RDF). The leveraged buyout was facilitated by an amount of PLN 39 mln from BRE Bank, which was earmarked for financing the acquisition. The transaction marks Royalton’s first foray into the waste management sector and fits in perfectly with the company’s policy of investing in controlling interests of companies operating in the non-tradable domain in the CEE region.
KOM-EKO was founded in 1994 by independent Polish investors and currently offers the full cycle of waste management services from collection and sorting to waste-to-energy conversion that caters to the cement industry. As of 2010, KOM-EKO serviced about 175,000 corporate and domestic customers to the tune of 64,000 tonnes of mixed waste, which effectively reduces its load on landfills by 60 percent. Operating out of Lubin, the company tops the industry as the largest Refuse-Derived Fuel (RDF) producer in the nation.