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Agilyx's GreenDot Agrees to Buy 50% of Valorie

MT Newswires·11/05/2026 11:42:56
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11:42 AM EST, 11/05/2026 (MT Newswires) -- Agilyx's (AGLX.OL) majority-owned subsidiary GreenDot agreed to acquire 50% of French recycling company Valorie, according to a Thursday filing. The transaction includes an initial cash consideration of 4 million euros and two potential milestone payments. The European recycling group will also fund the deal from existing cash, with no cash outlay or share issuance by Agilyx. GreenDot will jointly own and control Valorie with German environmental and waste services company Reclay Group.