Investment into BPM: Vidia targets tripling of onsite capacity of newly acquired plastic recycling platform

says Johanna Struthmann, Founding Partner of Vidia. The investment is emblematic for the strategy and philosophy behind our fund, as BPM exhibits a high collinearity of financial and impact return based on the parameters of our Vidia evaluation matrix. Our team has collaborated on numerous successful scale-ups as well as investments into the recycling industry in the past, and we look forward to developing BPM together with management.”

Climate Impact: CO₂ reduction of more than 3,000 tons p.a., per million Euro invested

Recycling is a sub-sector of Vidia’s core themes of Circular Economy, Electrification and Industrial Materials, which are anchored in the Vidia founding principle: driving decarbonization of the highest emitting industries by scaling existing climate solutions. Proven technologies across these sectors have the highest chance of rapid and meaningful CO₂ reduction. Adding value across the board, Vidia transforms operations to improve efficiency and scale relevant technologies. Employing sub-sector-specific deal sourcing strategies, the Vidia team actively identifies and evaluates suitable candidates with transformation potential.  BPM was approached well before a structured sales process was kicked off, while partnering with the owner throughout a focused and pragmatic due diligence process.

In terms of CO₂ avoidance potential, BPM performs high on the Vidia climate impact matrix. The company anticipates an avoidance of over 3,000 tons of CO₂ emissions p.a., per million Euro invested with further potential following a full ramp-up of capacity.

Growth strategy with operational commitment

Over the last 30 years, BPM’s corporate development has been characterized by steady growth through a dedicated management team and continuous expansion investments. Vidia’s investment now aims to elevate the company to new heights. In the fragmented but growing plastic recycling market, the targeted production capacity of 60,000 metric tons p.a. provides a strategic advantage and an attractive value proposition for blue-chip customers. Through selected additional acquisitions by the PolymerCycle platform, afurther diversification of waste streams with a simultaneous increase in internal value add is targeted. In addition, BPM offers further potential in the optimization of operational processes – especially in the areas of sales and sourcing, product controlling and asset utilization. Operational improvement will be achieved through a joint effort between BPM management and the Vidia team.