GreenGroup Acquires Expert Cleaning

GreenGroup Acquires Expert Cleaning GreenGroup acquires majority stake in Expert Cleaning to expand sustainable solutions portfolio for industrial customers in Romania. GreenGroup, a leading company in circular economy and waste management in Eastern Europe, has signed an agreement to acquire a majority stake in Expert Cleaning, a provider of specialized cleaning solutions for heavy industries and do-it-yourself shops in Romania. This acquisition will benefit GreenGroup's subsidiary Eltex Recycling, which manages industrial waste and creates new revenue streams and growth opportunities for the group. Eltex Recycling will work closely with Andreea Mija, Founder and Chief Executive Officer of Expert Cleaning. Together, they will provide innovative and cost-effective solutions for industrial customers seeking to reduce their environmental impact and comply with regulations. Zoltan Bartha, Chief Executive Officer of Eltex Recycling, stated: "Expert Cleaning has demonstrated strong growth potential and relies on a solid sales process, which GreenGroup will certainly benefit from. With significant overlap of services and customers with Eltex Recycling, this acquisition offers an opportunity to strengthen our position as an integrated partner for industrial customers. We also see potential to develop in the decontamination area, a service traditionally provided by waste management companies. The acquisition underlines our position as the ideal partner for industries seeking sustainable development and carbon footprint reduction." Industrial cleaning services play a critical role in maintaining safety, efficiency and productivity in industries as diverse as automotive, manufacturing, chemical and food processing. GreenGroup's acquisition of Expert Cleaning reinforces the group's goal of providing integrated waste management solutions that meet the specific needs of industrial units, in full compliance with environmental regulations. Andreea Mija, Chief Executive Officer of Expert Cleaning, stated: "For Expert Cleaning, becoming part of GreenGroup represents a natural step that will support the next stage of the company's development. We believe that together with Eltex, we are creating a Blue Ocean for professional cleaning services, as a component in a circular economy ecosystem. Throughout this acquisition process we also discovered shared values and a common vision for the future." Source