February 13, 2025

BCI and Macquarie Asset Management, through Earth Bidco B.V., have announced a recommended cash offer to purchase 100 per cent of the issued and to be issued shares of Renewi PLC (“Renewi”, the “Company”) in a proposed take-private transaction. This acquisition is being pursued through BCI’s Infrastructure & Renewable Resources program.

Renewi is a leading waste-to-product company with operations primarily in the Netherlands and Belgium. The Company is listed on the London Stock Exchange and Euronext Amsterdam.

“We look forward to working with Renewi’s management in implementing the Company’s ongoing strategy as a pure-play waste-to-product company, in addition to supporting its growth ambitions. In the context of sustainability and resource conservation, we believe Renewi is well-positioned to support a more circular economy, helping to advance the EU’s targets under its Circular Economy Action Plan and maintain Europe’s position as a global leader in recycling,” said Lincoln Webb, Executive Vice President & Global Head of Infrastructure & Renewable Resources at BCI.

More information about the offer can be found in the offer announcement, available on the following website: https://www.macquarie.com/uk/en/macquarie-renewi-offer.html