DNB Carnegie acted as sole financial adviser to Sponsor Capital and other owners of Fluo in connection with the sale to H.I.G. Capital.
Fluo is a Finnish circular economy leader providing integrated operations across the waste management and waste-to-product value chains. The Company provides waste collection, sorting, and treatment services, and converts recovered materials into high-quality recycled raw materials and finished products, including plastic granules, irrigation and infrastructure pipes, and recovered lubricants.