Agilyx ASA: Transaction Update - German regulators issue clearance for investment into GreenDot Global
OSLO, Norway - August 29, 2025 - Agilyx ASA (OSE: AGLX: OTCQX: AGXXF: ISIN:NO0010872468: WKN: A2QGQ) ("Agilyx" or the "Company"), a leading global investment platform enabling the development of plastic waste feedstock supply to the recycling industry, has received clearance from the German Federal Ministry for Economic Affairs and Energy for its planned acquisition of 44% of GreenDot Global S.à r.l.
As previously disclosed on July 17, completion of the transaction was subject to certain customary conditions, including change of control consent from GreenDot´s lenders, German and Austrian regulatory consent, and Agilyx shareholder approval.
With all lender and regulatory consents now secured, the only remaining condition to closing is the approval of Agilyx shareholders at an extraordinary general meeting, details of which will be announced in due course.
ABOUT AGILYX
Agilyx ASA is a leading global investment platform supporting the development of plastic waste feedstock supply to the recycling industry. Through its 44% stake in GreenDot Global S.à r.l., Europe's largest waste plastic recycling platform, generating over EUR 400 million in annual revenues, Agilyx gains access to large volumes of post-use plastic and advanced sorting and recycling infrastructure in Germany, Austria, and Italy, helping supply critical European-sourced feedstock to the European advanced recycling markets. Through Cyclyx, its (50%) joint venture with ExxonMobil (25%) and LyondellBasell (25%), Agilyx supports the collection and processing of post-use plastic waste into custom-formulated, high-quality feedstock solutions for global plastic producers. Agilyx markets Styrenyx, its proprietary advanced recycling technology, to recycle polystyrene waste into recycled styrene monomers for reuse in new, high-quality products. By enabling the shift from a linear "make-take-waste" model to a circular economy, Agilyx helps solve the crisis of plastic waste and supports the global transition to a low-carbon future.
Inquiries: investors@agilyx.com
Learn more at: www.agilyx.com
For media resources, visit: https://www.agilyx.com/media-room/