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The Sterling Group Forms New PET Recycling Platform, Evergreen

June 11, 2021

Via: Waste360

The Sterling Group, an operationally focused middle market private equity firm, today announced the formation of a new PET recycling platform company, Evergreen. Sterling executed the carve-out of Evergreen, the recycling division of current portfolio company, Greenbridge Packaging, and merged it with the Riverside, California assets of CarbonLITE, acquired through a 363 bankruptcy process.

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