Plasta Group Acquired by Cedo, Global Leaders in Disposable Household FMCG Products
Plasta Group, one of Europe’s largest polyethylene recyclers, producers, and suppliers of sustainable plastic products, was acquired by Cedo, a global leader in sustainable FMCG private label solutions. The new partnership marks the beginning of a new growth stage for Plasta Group, strengthening the Group’s position in circularity development.
Plasta Group, headquartered in Vilnius, operates modern manufacturing plants in Lithuania and Sweden as well as a distribution company, Plasta GmbH, in Germany. The group employs 500+ skilled professionals, annually recycling over 45,000 tons of post-consumer waste plastic and producing over 36,000 tons of refuse sacks and film products. Plasta is a recognized leader in sustainability, holding certifications such as EcoVadis Silver, ISO 9001, 14001 & 45001, Blue Angel, RAL, and RecyClass.
This acquisition positions Cedo as the largest integrated circularity platform for flexible plastic films servicing Europe. The combined organization will offer an expanded range of innovative, sustainable solutions to meet the growing demand for circularity in flexible plastics.
Maciej Plamieniak, CEO of Plasta Group, commented:
“In recent years, Plasta Group showed unmatched leadership in the areas of circularity and manufacturing of sustainable plastic products. We are confident that the partnership with Cedo will benefit Plasta Group immensely, providing us access to vast global know-how and innovation potential.
Thierry Navarre, CEO of Cedo, commented:
“Plasta Group’s expertise and shared commitment to sustainability align perfectly with our vision. This partnership strengthens our ability to lead the circular economy in our sector, delivering innovative solutions to our customers and driving a more sustainable future.”
Plasta Group and Cedo will work together to ensure a seamless integration process while maintaining their focus on exceptional quality and customer service.
About Cedo
Cedo is a leader in production of disposable household essentials for the FMCG private label sector. With factories and recycling sites in Europe and Asia, the company employs over 2000 people and achieves €500M turnover. Find out more at: www.cedo.com
About Plasta Group
Plasta Group is a leading European polyethylene recycler, producer, and supplier of sustainable plastic products. Headquartered in Vilnius, Lithuania, the group has 60 years of experience, modern manufacturing facilities in Lithuania and Sweden, and certifications in sustainability and quality management. Find out more at: https://plastagroup.com/