THE GREENFLOW GROUP ACQUIRED 100% OF THE SHARE CAPITAL OF BORANDA RECYCLING S.L.

The GREENFLOW Group, through its subsidiary GREENSPAIN, acquired 100% of the share capital of BORANDA RECYCLING S.L., headquartered in Huelva, last December.

BORANDA has been a strategic partner for several years and it is a company that holds important licenses for the commercial activity of fuel sales in Spain, as well as for the temporary storage of waste. With a warehouse in Huelva, it also provides logistical support for GREENFLOW CHEMICALS’ operations.

Carlos Cardoso, CEO of Greenflow: “This acquisition is another step in the expansion and consolidation of the Group at the Iberian level, enabling improvements to our logistical circuits on multiple fronts. Along with the company, we have also acquired its operating licenses, which will expand the range of options for our group in Spain, strengthening us from a commercial standpoint”.

Isaac Aranda, Manager at BORANDA: “I am pleased to share that Boranda Recycling SL has been acquired by Greenspain. This is a very important step for us and an extraordinary opportunity to expand our capabilities and offer even more value to our customers and partners. From the very beginning, we have worked together with dedication, and the decision to join forces is a testament to the commitment and effort of our team”.

Isaac goes on to say: “I am excited about what the future holds and looking forward to working alongside such an inspiring group, committed to excellence. I am grateful to everyone who has been with us on this journey and eager to share the upcoming chapters of this exciting adventure”. 

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