Last week, Re-Match A/S announced that they have raised new capital from Nordic Alpha Partners. With the new investment capital, Re-Match, sets out to build factories across Europe and North America. The first
facility outside Denmark will be placed in the Netherlands to meet an increasing demand for a sustainable solution to the handling of worn-out synthetic turf. The Dutch factory, which will have significantly larger capacity than the existing one in Denmark, is expected to be ready for production in 2020 and will be followed by factories in USA, England and Germany. Nordic Alpha Partners’ strategy behind its involvement in Re-Match is to enable a quick expansion to more markets. Partner in Nordic Alpha Partners, Laurits Bach Sørensen, explains: “We invest in cases which have the potential to dominate their categories globally. When we apply our value creation model and industry 4.0 factory conceptualisation to Re-Match’s innovative
recycling solution, we simply have a unique concept that is both highly scalable and replicable - all over the world”.
ABG Sundal Collier acted as exclusive advisor to Re-Match A/S.
About Re-Match A/S
Re-Match, based in Herning, Denmark, has developed a patented and EU verified environmental technology for recycling synthetic turf. The process downsizes, cleans and separates worn-out turf from e.g. football pitches into the original raw materials; sand, rubber, backing and plastic fibre, which can then be used in new production cycles. The first factory in Denmark has been operational since 2016 and processes 40.000 tonnes per year.
About Nordic Alpha Partners
Nordic Alpha Partnes is an industry focused Nordic venture fund established in 2017 with a fund size of DKK 945m (EUR 126m). The limitied partners in the fund include ATP, Vækstfonden and Chr. Augustinus
Fabrikker and multiple private individuals, associated with the Danish industrial sector. Furthermore, Nordic
Alpha Partners is assisted by its senior advisory board consisting of renowned business executives,
Christian Clausen, Ole Andersen and Jim Hagemann Snabe.