Intesa Sanpaolo assists RES with €20m capital increase

L’immagine che accompagna la News sulla Divisione IMI Corporate & Investment Banking che ha agito come sole Bookrunner nell’aumento di capitale da circa €20mln di Recupero Etico Sostenibile, ritrae dall'alto un fitto bosco di alberi verdeggianti che si stendono a perdita d'occhio, sotto un cielo attraversato dai riflessi dei raggi solari

6 November 2025

The IMI Corporate & Investment Banking Division of Intesa Sanpaolo acted as Sole Bookrunner in the approximately €20 million capital increase of Recupero Etico Sostenibile S.p.A. (RES), a company listed on the Euronext Growth Milan market and active in the circular economy and in environmental sustainability.

Specifically, the newly issued shares were offered for subscription through a private placement via an accelerated bookbuilding procedure. The transaction included the participation of an Anchor Investor, subscribing around €10 million through the vehicles First4Progress 2 S.p.A. and First SICAF S.p.A.

The proceeds will support the company’s investment strategy along three main lines:

construction of a robotic plant for the recycling of end-of-life vehicles
expansion of chemical recycling for various plastic matrices
implementation of targeted initiatives, including the production of biobased and/or biodegradable polymers (e.g. PLA) for the pharmaceutical and biomedical sectors.

This transaction further confirms Intesa Sanpaolo as a strategic partner for companies engaged in innovation and sustainability.

Last updated 18 November 2025 at 10:06:45