Sortera is a fast-growing Nordic environmental contractor within collection, recycling, processing and broking of residual products from the building and construction sector.
Company Background
- Operations primarily within the B2B SME segment in three business areas: Recycling, Materials and Industry.
- Daily services for thousands of companies and private individuals in Europe.
- Sortera covers the entire value chain, from collection and sorting treatment and disposal, offering comprehensive waste management solutions.
- With over 24 processing sites and direct presence in three markets, Sortera delivers services that make a tangible environmental impact for thousands of companies and individuals across Northern Europe.
- Contribution to a circular economy in construction by enabling the increased use of old materials in new construction, reducing the need for raw materials and hence Greenhouse Gas (GHG) emissions.
Vision & Outlook
- Contribute operational and financial resources to support Sortera’s, international sustainability journey.
- Consolidate the European market in sustainable waste management.
Highlights & Updates
- In 2022, Sortera expanded internationally with the acquisition of UK-based O’Donovan Waste Disposal Ltd and strengthened its soil decontamination market in Sweden by acquiring RGS Nordic’s Swedish operations.
- In 2023, Sortera acquired GBN Services Ltd, one of the largest independent companies for construction waste management in Central and North London, marking its second acquisition in the UK market in one year.
- In 2023, Sortera reduced direct emissions by 30% compared to 2022.
- In 2024, Sortera enhanced its capabilities and market presence through strategic acquisitions: REWALBI Miljöteknik AB in February, strengthening its water treatment portfolio, and Reston Waste Management Ltd in July, expanding its reach in Greater London's construction waste market.
SECTOR
Services & Industrial Tech
REVENUES 2023
EUR 290 million
EMPLOYEES
675
OWNERSHIP
Fund X
INVESTMENT DATE
2021
HEAD OFFICE
Stockholm, Sweden