Plasta Group

Vilnius, Lithuania Founded: 1961 • Age: 65 yrs Acquired By CeDo
Provider of plastic recycling services
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About Plasta Group

Plasta Group is a company based in Vilnius (Lithuania) founded in 1961 was acquired by CeDo in December 2024.. The company has 2 employees as of December 31, 2023. Plasta Group offers products and services including Garbage Bags, Trash Panda Bags, ECOPlasta Bags, Recycled LDPE Resins, and Construction Films.

  • Headquarter Vilnius, Lithuania
  • Employees 2 as on 31 Dec, 2023
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Plasta
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    2

    as on Dec 31, 2023

  • Acquired by
    CeDo

    (Dec 13, 2024)

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Products & Services of Plasta Group

Plasta Group offers a comprehensive portfolio of products and services, including Garbage Bags, Trash Panda Bags, ECOPlasta Bags, Recycled LDPE Resins, and Construction Films. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Eco-conscious bags made from recycled LDPE for household and professional use.

Branded bags designed for retail sale and consumer markets.

Garbage bags and liners for business clients using recycled materials.

Resins from post-consumer waste for manufacturing applications.

Protective films for construction and service sectors.

Funding Insights of Plasta Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Plasta Group

Plasta Group has secured backing from 1 investor. Prominent investors backing the company include CeDo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Consumer household products are supplied globally by CeDo.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Plasta Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Plasta Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Plasta Group Comparisons

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Competitors of Plasta Group

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Plasta Group

Cedo Acquires the Recycler Plasta
Ptonline1 year ago
Early Acquires Plasta Group
Bakersfield1 year ago
Cedo Acquires Plasta Group
Businesswireindia1 year ago

Frequently Asked Questions about Plasta Group

When was Plasta Group founded?

Plasta Group was founded in 1961.

Where is Plasta Group located?

Plasta Group is headquartered in Vilnius, Lithuania.

Who is the current CEO of Plasta Group?

Danas Poderis is the current CEO of Plasta Group.

How many employees does Plasta Group have?

As of Dec 31, 2023, the latest employee count at Plasta Group is 2.

What does Plasta Group do?

Plasta Group is a leading flexible plastics recycler and producer in Europe, specializing in developing innovative polyethylene recycling solutions and sustainable plastic products. The company recently expanded its operations by acquiring LLC Gerovė, one of Europes largest manufacturers of recycled plastic production. Plasta Group is committed to minimizing global plastic waste through its ECOPlasta brand, offering recycled garbage bags and bin liners to the German market.

What products or services does Plasta Group offer?

Plasta Group offers Garbage Bags, Trash Panda Bags, ECOPlasta Bags, Recycled LDPE Resins, and Construction Films.

Who are Plasta Group's investors?

Plasta Group has 1 investor. Key investors include CeDo.

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