EGA Set to Acquire 80% of Eco Green in Italy

Post by : Bianca Suleiman

Emirates Global Aluminium (EGA) has revealed its intention to acquire an 80% interest in Eco Green, an Italian firm specializing in aluminium recycling. This initiative awaits necessary regulatory approvals.

This acquisition aligns with EGA's strategy for global expansion, facilitating a stronger presence in Europe’s aluminium recycling sector.

Eco Green is engaged in the collection, sorting, and processing of aluminium scrap, managing over 70,000 tonnes of material annually. Its Villafranca di Verona plant processes approximately 23,000 tonnes of scrap, while the Nogara di Verona facility produces more than 20,000 tonnes of recycled aluminium (secondary sows) and also processes dross.

The Nogara site is undergoing an expansion to increase its recycling capacity by another 15,000 tonnes per year, scheduled for completion in the latter half of 2026.

With over 60 clients primarily in the automotive, construction, and industrial sectors, Eco Green collaborates with more than 350 scrap suppliers to secure a consistent flow of raw materials. The firm employs 70 individuals and will retain its current management team post-acquisition.

EGA currently operates a significant aluminium recycling facility in Al Taweelah, UAE, and has previously expanded into Germany and the US through acquisitions such as Leichtmetall in Germany and Spectro Alloys in the US.

Upon finalizing the Eco Green acquisition, EGA’s global recycling capacity will surpass 400,000 tonnes annually across the UAE, Europe, and the US, with plans to add an extra 200,000 tonnes in these regions. The recycled aluminium will be marketed under the name “RevivAL.”

EGA CEO Abdulnasser Bin Kalban emphasized that this acquisition will bolster the company’s foothold in Europe and enhance its recycling business, which is vital for the region's green transition.

According to Eco Green CEO Luca Scappini, becoming part of EGA will enable further growth and broaden their supplier and customer networks throughout Europe.

The global demand for recycled aluminium is projected to double by 2040, given its potential to save around 95% of the energy needed for primary aluminium production and generate significantly lower emissions.

Europe stands as the third-largest market for recycled aluminium globally, with expectations of substantial growth in demand in the upcoming years.

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