Inactive Instrument

Re-Match Holding A/S

Equities

RMATCH

DK0061553674

Environmental Services & Equipment

Re-Match Holding A/S Investing EUR 8.5 million in Its New Recycling Facility in Tiel, the Netherlands

April 26, 2022 at 09:46 pm IST

Re-Match Holding A/S ("Re-Match") has just received a grant of almost EUR 4.5 million from the Dutch Ministry of Economic Affairs and Climate in order to support the construction of the company's first factory outside Denmark. Re-Match is investing EUR 8.5 million in its new recycling facility in Tiel, the Netherlands, which will create approx. 40 new, full-time jobs.

This together with the fact that Re-Match's true turf recycling concept will contribute towards dealing with a significant environmental problem in the country, is now being acknowledged by the Ministry of Economic Affairs and Climate in the form the EUR 4.5 million grant (DEI++ subsidy) that will go towards the new Re-Match factory. When operational, the factory will be able to process more than 60,000 tonnes of waste and save the environment from up to 100,000 tonnes of CO2 every year - if compared to incineration of the turf.

Latest news about Re-Match Holding A/S

Verdane completed the acquisition of additional 87.154226% majority stake in Re-Match Holding A/S from Nordic Alpha Partners Fund I K/S and others.	11/23/11	CI
Denmark's Re-Match Resumes Full Operations at Denmark Facility	18/23/18	MT
Re-Match Holding A/S Announces Herning Factory Resumes Full Production	18/23/18	CI
Re-Match Holding A/S Reports Earnings Results for the Full Year Ended December 31, 2022	25/23/25	CI
Re-Match Shares Jump 10% on Tender Offer, Delisting Plan	01/23/01	MT
Verdane agreed to acquire remaining stake 87.154226% in Re-Match Holding A/S from Nordic Alpha Partners Fund I K/S and others for DKK7 per share.	01/23/01	CI
Re-Match Holding A/S Announces Resignation of Ulrik Lundsfryd as Board Member	30/22/30	CI
Certain Ordinary Shares of Re-Match Holding A/S are subject to a Lock-Up Agreement Ending on 24-DEC-2022.	24/22/24	CI
Re-Match Signs Commercial Agreement with FOG & VENØ	20/22/20	CI
Re-Match Holding A/S Signs EUR 4.5 Million Loan Agreement for Construction of Dutch Factory	31/22/31	CI
Re-Match Holding A/S Adapts Activities to High Energy Prices	26/22/26	CI
Re-Match Holding A/S Reports Earnings Results for the Half Year Ended June 30, 2022	01/22/01	CI
Re-Match Holding A/S Provides Earnings Guidance for the Year 2022	01/22/01	CI
Re-Match's Newly Hired CFO Resigns	30/22/30	MT
Re-Match Holding A/S Announces Executive Changes	30/22/30	CI
Danish Turf Recycler Re-Match Names New CFO	12/22/12	MT
Re-Match Holding A/S Announces CFO Changes	12/22/12	CI
Certain Ordinary Shares of Re-Match Holding A/S are subject to a Lock-Up Agreement Ending on 24-JUN-2022.	24/22/24	CI
Re-Match Holding A/S Investing EUR 8.5 million in Its New Recycling Facility in Tiel, the Netherlands	26/22/26	CI
Re-Match Holding A/S Reports Earnings Results for the Full Year Ended December 31, 2021	05/22/05	CI
Re-Match Holding A/S has completed an IPO in the amount of DKK 175 million.	17/21/17	CI
Re-Match Holding A/S has filed an IPO in the amount of DKK 175 million.	03/21/03	CI
Re-Match Holding A/S has withdrawn its IPO in the amount of DKK 253.61348 million.	29/21/29	CI
Re-Match Holding A/S has filed an IPO in the amount of DKK 253.61348 million.	16/21/16	CI

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Company Profile

RE-MATCH HOLDING A / S is a Denmark-based artificial turf recycler. The Company uses its recycling process to return worn-out turf to its original components; plastic fiber, rubber, sand and backing - ready for use in new production cycles. RE-MATCH HOLDING's advanced technology is able to separate all the components in worn-out turf which leads to new, clean products. The Company's patented Re-Match process is based on mechanical separation of the synthetic turf. It cleans the components to a level of purity where the sand, rubber, backing and fiber can be effectively used in new production cycles. The products can be used in e.g., industrial flooring, acoustic barriers or as a supplement in the production of asphalt. RE-MATCH has several subsidiaries, including Re-Match Netherlands BV.

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Environmental Services & Equipment

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Sector Waste Management, Disposal & Recycling Services

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Waste Management, Disposal & Recycling Services