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In March 2007 MCP purchased controlling interests in two German companies, CCR and Vfw, and formed a new entity, Reverse Logistics GmbH (RLG), creating the largest full-service, asset-light reverse logistics business in Germany. RLG provides its customers with return, collection and recycling services, allowing them to meet regulatory requirements and to outsource non-core business processes. Germany is the most advanced recycling market in Europe, driving growth and setting standards in recycling for other European countries. The formation of RLG presents an opportunity to grow and expand this business inside and outside Germany.
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Date of Investment:March 2007