EGA Set to Purchase 80% of Eco Green, Italy's Recycling Leader

Emirates Global Aluminium (EGA) is poised to acquire an 80% share in Eco Green, an aluminium recycling firm located in Italy. The acquisition awaits regulatory approval.

This strategic move aligns with EGA’s intention to broaden its global footprint while bolstering its aluminium recycling functions in Europe.

Eco Green specializes in the collection, sorting, and processing of aluminium scrap, managing over 70,000 tonnes of materials annually. Its facility in Villafranca di Verona processes approximately 23,000 tonnes of scrap each year, and the adjacent Nogara di Verona plant produces around 20,000 tonnes of recycled aluminium (secondary sows) and handles dross.

Furthermore, Eco Green plans to enhance its Nogara facility, adding an additional 15,000 tonnes of recycling capacity each year, with the expansion projected to finalize in the latter half of 2026.

The company serves over 60 clients throughout Europe, focusing primarily on the automotive, construction, and industrial sectors. Collaborating with more than 350 scrap suppliers ensures a consistent supply of raw materials. Eco Green employs a workforce of 70, continuing to be led by its existing management after the acquisition.

EGA has an operational aluminium recycling plant in Al Taweelah, UAE, and has previously extended its reach to Germany and the United States through acquisitions such as Leichtmetall in Germany and Spectro Alloys in the U.S.

Upon completion of the Eco Green acquisition, EGA’s total recycling capacity will surpass 400,000 tonnes yearly across the UAE, Europe, and the U.S. The company is also working on an extra 200,000 tonnes of capacity in these areas, with its recycled aluminium branded as “RevivAL.”

EGA’s CEO, Abdulnasser Bin Kalban, highlighted that the acquisition will fortify the company’s presence in Europe, significantly aiding its recycling operations which are critical for the region’s green initiatives.

Eco Green’s CEO, Luca Scappini, expressed optimism that partnering with EGA will propel the company’s growth and broaden its customer and supplier network throughout Europe.

Global recycled aluminium demand is projected to double by 2040, given its 95% energy-saving potential compared to primary aluminium and its markedly lower emission rates.

Currently, Europe ranks as the third-largest market for recycled aluminium globally, with demand anticipated to see remarkable growth in the forthcoming years.