Hannes Snellman Counsel to Svensk Plaståtervinning in Acquisition of Industrial Property

Hannes Snellman acted as counsel to Svensk Plaståtervinning i Motala AB in its acquisition of an industrial property of approximately 100,000 square metres lettable area located in Motala.

Svensk Plaståtervinning already operates Europe’s largest and most efficient facility for recycling of plastic packaging at the property in Motala, but it recently announced its plan to further invest approximately SEK 1 billion in the facility. As a result of this investment, it will become the world’s largest and most modern facility for plastic recycling with capacity to recycle any plastic containers that comes from Swedish households without any negative climate impact.

Hannes Snellman’s team consisted of Mikael Stabo, Andreas Wingren, and Alexander Lindqvist.