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31 July 2025

Blue Phoenix Group acquires Meldgaard’s IBA business

Blue Phoenix Group, the leading waste recycling infrastructure platform, has entered into a binding agreement to acquire Meldgaard Recycling, a Denmark-based company specializing in incinerator bottom ash (IBA) treatment.

With over 25 years of experience in sorting and recovering metals from IBA produced by waste-to-energy plants, the business specializes in extracting various metals and repurposing IBA aggregate. In Denmark, Meldgaard employs approximately 75 people in ash processing and currently handles more than half of the country’s total IBA from incineration plants.

This acquisition represents a major step in expanding Blue Phoenix Group’s presence in Denmark to now include IBA processing, which is the BPG’s core business globally. The acquisition follows last year’s acquisition of RGS Nordic, Denmark’s leading soil and construction waste treatment company.
The transaction is subject to final regulatory approval.

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PRESS CONTACTS

InfraVia
Antoine Denry | TADDEO
antoine.denry@taddeo.fr
+33 (0) 6 18 07 83 27

Clémence Midière | Taddeo
clemence.midiere@taddeo.fr
+33
(0) 6 46 76 70 22

Gwenaëlle Boucly
InfraVia Communication Director
gboucly@infraviacapital.com
+33 (0) 6 80 57 33

BPG
Amy de Jong-Townsend | BPG
amy.townsend@bluephoenix-group.com
+31 (0) 6 51 17 39 26

Simon Leed Krøs | RGS Nordic
slkr@rgsnordic.com
M: +45 (0) 30 51 61 40

Daiwa International Capital Partners
Gregor Jackson | CEO, Daiwa ICP
gregor.jackson@daiwa-icp.com
+44 (0) 20 4551 2778