
InfraVia Capital Partners (“InfraVia”) has signed an agreement with Waterland Private Equity (“Waterland”) to acquire a majority stake in Blue Phoenix Group (“BPG”), a leading player in waste recycling infrastructure. Daiwa International Capital Partners (“Daiwa ICP”) will roll-over its current stake alongside InfraVia. With the support of InfraVia as a new controlling shareholder and Daiwa ICP, Blue Phoenix will accelerate its growth with the ambition to further strengthen its role as global leader in incinerator bottom ash (“IBA”) processing.