Shared story
An investment begins with a connection
#Impact | #Portfoliocompany
Founded in March 2010, Recyc-Matelas Europe is the French leader in the dismantling and recycling of bedding materials such as mattresses, so that their components can be reused in various industries. As a company firmly committed to sustainable development, Recyc-Matelas Europe has also had a strong work integration policy in place since 2013. Both of these areas of achievement were key to Weinberg Capital Partners’ decision to acquire a stake in the company in September 2021, via the WCP Impact Dev#1 fund.
Created in 2020, the Impact team at Weinberg Capital Partners is focused on supporting SMEs and mid-caps that are working to make a difference by developing solutions and initiatives for social, employment-related or environmental issues.
In 2020, Recyc-Matelas Europe was keen to pursue growth by building further on the concrete actions already taken by the company in relation to environmental, social and governance factors.
Seeking a partner to assist with the successful implementation of this strategy, the company’s management first met with the members of the Weinberg Capital Partners Impact team in autumn 2020.
In 2020, Recyc-Matelas Europe was keen to pursue growth by building further on the concrete actions already taken by the company in relation to environmental, social and governance factors.
Seeking a partner to assist with the successful implementation of this strategy, the company’s management first met with the members of the Weinberg Capital Partners Impact team in autumn 2020.
“We had come up with great ideas for high-impact initiatives, but we lacked the structure or indicators to put them in place. There were several issues we wanted to address, and thanks to Weinberg Capital Partners we were able to make them the pillars of our development.”
Jérémy Settbon
– Co-founder and President, Recyc-Matelas Europe