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The company continues to expand its pan-European platform to advance plastics circularity at scale and contribute to a more efficient use of resources
GreenDot has reached an important milestone in the expansion of its activities in France: the company is acquiring a 50% stake in Valorie and thereby establishing an equal partnership with Reclay. Valorie is the holding company of the French producer responsibility organisations Léko and Léko Pro. Léko is responsible for household packaging and paper, while Léko Pro covers professional packaging. The transaction follows the advanced discussions announced this summer.
As part of the new ownership structure, GreenDot CEO Laurent Auguste will assume the role of Chairman of Valorie. With its extensive industrial expertise in recycling and the circular economy, GreenDot will play an active role in supporting the further development of Léko and Léko Pro thanks to the introduction of much-needed innovative solutions to boost the performance of plastic packaging recycling in France which currently ranks 25th out of 27 EU countries with a 27.5% recycling rate versus an EU average of 42.5%.
GreenDot’s ambition is to support France in advancing plastic packaging recycling and reducing the associated environmental impact. The focus is on meeting the objectives of the European Packaging and Packaging Waste Regulation (PPWR) and strengthening strategic independence. At the same time, brand owners should have access to recycled materials at competitive and stable prices. Building on GreenDot’s strategy of combining EPR expertise with industrial recycling capabilities across Europe, this vertically integrated approach connects regulatory compliance with the practical realities of sorting, recycling and the supply of high-quality recycled materials.
The PPWR creates requirements for producers and distributors around recyclability, recycled content, reuse, traceability and data sharing. GreenDot and Léko aim to support companies beyond the management of their EPR obligations, helping them transition towards more circular packaging solutions and access recycled materials for their packaging. This includes supporting companies in making use of available incentives for incorporating recycled materials, helping turn the eco-contribution into an investment in more circular packaging solutions.
The partnership strengthens GreenDot’s ambition to provide companies with simple, integrated solutions across the packaging circularity value chain, combining EPR services, recycling expertise and access to recycled materials. It also strengthens GreenDot’s European platform by creating closer links between EPR systems and material flows for recycling. GreenDot’s industrial expertise and recycling network complement Léko’s position in the French EPR market, with the shared objective of turning regulatory requirements into practical solutions for the packaging value chain.
Laurent Auguste, CEO of GreenDot, said: “I am very pleased with this important milestone for GreenDot and for Léko. France still has some catching up to do in terms of plastics recycling in particular, but I am confident that it has the potential to close the gap in view of the 2030 PPWR objectives. It will take innovative but also, at times, disruptive solutions and, importantly, more collaborative approaches. Léko’s team has already proven its ability to improve performance by successfully acting differently. GreenDot and Léko are committed to contributing to this progress and helping turn this potential into best practice and service for the packaging value chain.”
About GreenDot:
GreenDot is dedicated to address the plastic waste crisis by developing solutions and assets which close the circularity loop of plastics through the production of high-quality recyclates, including from difficult to recycle waste streams. The group’s portfolio spans both mechanical and chemical recycling, Extended Producer Responsibility (EPR) licensing services as well as consulting on EPR systems and design-for-recycling.
The foundation of the group was laid more than 35 years ago in Germany with Der Grüne Punkt which created the world’s first nationwide EPR program for household packaging, including hard to recycle plastics like flexible films. Since then GreenDot constantly expanded its business areas in order to serve all requirements of the circular economy for plastics. To date GreenDot has presences in Germany, Austria, Italy, France as well as Spain, and continues to widen its global network.
About Léko:
Léko is an eco-organisation approved by the French State. It supports companies that place or import packaged products and paper on the French market in managing their Extended Producer Responsibility. In this capacity, Léko is authorised to collect eco-contributions from these companies, referred to as producers, in proportion to the quantities of household packaging and paper they place on the French market each year, in accordance with Article L. 541-10 of the French Environmental Code.
Founded at the initiative of the international Raan/Reclay group, Léko brings together more than 80,000 member companies and 17 partner local authorities covering 1.5 million inhabitants. In 2025, Léko supported the recycling of nearly 110,000 tonnes of packaging and paper with EUR 20 million. Léko reports revenue of EUR 31.6 million and aims for a 10% market share by 2029.
The eco-contributions collected by Léko help finance the prevention, collection, sorting, reuse and recycling of household packaging and paper.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
