Polish tyre recycler Recykl Group has secured financing from the Polish Development Fund’s PFR TFI to support a two-market expansion, acquiring Lithuania’s APG and progressing an agreed deal for Germany’s HRV. The move deepens Baltic coverage and opens direct access to Europe’s largest end-of-life tyre (ELT) market, strengthening feedstock security and processing capacity in line with the company’s pan-European growth plan.
Recykl’s acquisition of APG brings control of around 20,000 tonnes of annual ELT flows across Lithuania, Latvia and Estonia, where APG’s operations focus on logistics and tyre collection. Recykl indicates that developing a modern recycling facility in Lithuania is under consideration, which would lock in regional feedstock and shorten supply lines into its network. Tyre News recently covered the APG deal in detail, noting the €6 million foreign-expansion loan underpinning the cross-border push.
In Germany, Recykl has agreed key terms to acquire HRV, a waste tyre management business in Wernigerode. Completion is targeted by Q2 2026, subject to conditions and approvals. Once closed, HRV would be integrated into Recykl’s cross-border collection and processing platform to accelerate volumes across Central and Western Europe.
Germany remains the EU’s largest ELT source, making local access critical for steady inbound feedstock and high utilisation of processing assets. For fleets and tyre retailers, better-connected collection routes can reduce handling times and cut transport distances, improving traceability and compliance outcomes across borders. Recykl says these acquisitions support export growth and a more resilient supply of recyclable raw materials for downstream users.
The financing includes a €6 million foreign-expansion loan structure from PFR TFI. PFR’s International Development Fund facility is designed to co-finance Polish companies’ direct foreign investments, offering long-term debt or equity to support sustainable overseas growth. In this case, the facility enables Recykl to consolidate Baltic collections and establish on-the-ground operations in Germany.
Recykl processes around 140,000 tonnes of tyres annually at Polish plants and is investing in innovation, infrastructure and renewable energy to support future scaling. CEO Maciej Jasiewicz has stressed that systematic European expansion is essential for competitive access to raw materials and higher export sales, with outreach beyond Europe also in scope.
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Tagged with: Recykl Group, tyre recycling, end-of-life tyres, ELT collection, PFR TFI, APG Lithuania, HRV Germany, circular economy, recovered materials, Baltic market, German ELT, tyre processing
Disclaimer: This content may include forward-looking statements. Views expressed are not verified or endorsed by Tyre News Media.
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