Emirates Global Aluminium (EGA) has set plans in motion to obtain an 80% interest in Eco Green, a recycling firm specializing in aluminium in Italy. This transaction will require regulatory approval before proceeding.
This acquisition aligns with EGA's global growth objectives and bolsters its aluminium recycling capabilities throughout Europe.
Eco Green is engaged in collecting, sorting, and recycling aluminium scrap, handling over 70,000 tonnes of materials annually. Its Villafranca di Verona facility processes approximately 23,000 tonnes of scrap, while the Nogara di Verona site creates over 20,000 tonnes of recycled aluminium (secondary sows) and processes dross as well.
The Nogara facility is also undergoing an expansion, aiming to increase its recycling capacity by an additional 15,000 tonnes each year, with completion expected in the latter half of 2026.
With a clientele of more than 60 across Europe, predominantly in the automotive, construction, and industrial sectors, Eco Green collaborates with over 350 scrap suppliers to maintain a consistent raw material supply. The company employs around 70 staff and will remain under its current management following the acquisition.
EGA already boasts a significant aluminium recycling operation in Al Taweelah, UAE, and has ventured into Germany and the United States with previous acquisitions, including Leichtmetall in Germany and Spectro Alloys in the US.
Upon finalizing the Eco Green deal, EGA’s global recycling capabilities will surpass 400,000 tonnes annually across the UAE, Europe, and the US, with an additional 200,000 tonnes of capacity in development. The recycled aluminium is marketed under the name “RevivAL.”
According to EGA CEO Abdulnasser Bin Kalban, this acquisition will enhance the company's foothold in Europe and fortify its expanding recycling efforts, which are essential to the region's green transition.
Eco Green CEO Luca Scappini noted that joining EGA will facilitate further growth and broaden the company's supply and customer base throughout Europe.
With global recycled aluminium demand projected to double by 2040 due to its energy efficiency—utilizing approximately 95% less energy than primary aluminium—and lower emissions, the timing of this move is critical.
Europe stands as the third-largest market for recycled aluminium, with demand anticipated to rise considerably in the near future.
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