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Altor rescues textile recycling company Renewcell

Swedish investment firm Altor has acquired the remaining assets of Swedish textile-to-textile recycling company Renewcell, which filed for bankruptcy in February. In a statement, the new owners said they plan to ensure the company’s pioneering cotton recycling technology “continues to thrive on a global scale” by rebranding as Renewcell’s...

4 Jun 2024

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