Verdant IMAP Advises Polysmart On Five Million Dollar Equity Investment
Written by: APO Group - Africa Newsroom Save to Instapaper
JOHANNESBURG, South Africa, March 3, 2026/APO Group/ --
Verdant IMAP (“Verdant”) (www.Verdant-Cap.com) is pleased to announce that it has advised Polysmart Packaging Group (“Polysmart” or the “Company”), a leading integrated recycled food-grade and non-food-grade recycled plastic manufacturer, on the successful close of a USD 5 million strategic equity investment from an African-focused private equity investor. The transaction provides growth capital to optimise operations, enhance production efficiency, and support Polysmart’s expansion into one of Nigeria’s most advanced rPET processing platforms, further positioning Polysmart as a globally competitive circular economy platform serving both domestic and international markets.
Founded in 2013 and headquartered in Ogun State, Nigeria, Polysmart has developed a rapidly scaling recycling and manufacturing platform spanning strategic partnerships across waste collection, sorting, aggregation, and the production of high-quality recycled plastic resins and flakes. The Company operates a state-of-the-art production facility supported by advanced European processing technology and adherence to international quality and environmental standards.
Polysmart is one of the largest suppliers of recycled plastic resins in Nigeria and a key producer food-grade / recycled polyethylene terephthalate (“rPET”) pellets for both domestic and export markets. Its customer base includes leading global beverage, bottling, and manufacturing companies, reflecting strong product quality, operational reliability, and compliance with international sustainability requirements.
The global rPET market is projected to grow at a compound annual growth rate of approximately 8.9% through 2032, according to the Persistence Market Research, driven by tightening environmental regulation, mandatory recycled content targets in Europe and other developed markets, and increasing corporate sustainability commitments from multinational brands. As global buyers seek diversified, resilient, and traceable supply chains, scalable rPET producers with consistent quality standards are well positioned to capture long-term structural demand.
Polysmart operates at the intersection of advanced manufacturing and environmental sustainability. By strengthening partnerships across the waste collection ecosystem and converting plastic waste into high-quality resins and flakes, the Company enhances recycled supply chains and supports global brands in achieving recycled content and carbon reduction targets. Its progressively integrated model enhances traceability, product consistency, and supply reliability - key differentiators in international rPET markets.
The equity investment marks an important milestone in Polysmart’s institutionalization and growth trajectory. Verdant IMAP acted as exclusive financial advisor to Polysmart on the transaction. This deal reinforces Verdant’s commitment to supporting globally relevant, climate-aligned industrial businesses across Africa.
Get new press articles by email
We submit and automate press releases distribution for a range of clients. Our platform brings in automation to 5 social media platforms with engaging hashtags. Our new platform The Pulse, allows premium PR Agencies to have access to our newsletter subscribers.
Latest from
- KZN South Coast Property Market Gains Momentum As Buyers Seek Lifestyle And Investment Value
- KFC Africa Honours 55 Inspiring Women Recognised For Transforming Communities And Opportunity
- Tax Relief And Inflation Adjustments Expected To Boost Demand For South Africa Affordable Housing
- Toyota Rejects Price Wars As It Strengthens Market Leadership In South Africa Motor Industry
- CANAL Plus Celebrates African Women Storytellers With International Women Month Campaign
- African Filmmakers Encouraged To Champion Authentic Storytelling At MultiChoice Industry Programme
- RCL Foods Issues Nationwide Recall Of Selected Pet Food Brands Following Safety Concerns
- African Game Developers Blend Mythology Culture And Technology As South Africa Gaming Industry Surges
- Melissa Dempster Appointed CEO Of Toys R Us And Babies R Us South Africa Following ToyZone Expansion
- Private Sector Eyes Partnership With Transnet On New Ngqura Manganese Export Terminal Project
- Government Moves To Strengthen Judiciary With Funding Boost And Plans To Appoint 50 Additional Judges
- Novus Media Launches Die Papier New Weekly Afrikaans Newspaper Available In Print And Digital
- Australia Remains Top Destination Recruiting South African Professionals As Global Talent Demand Grows
- PET CT Imaging Transforming Cancer Diagnosis And Treatment Planning For South African Patients
- Vodacom Launches Innovation Programme To Turn Employee Ideas Into Sustainable Business Solutions
The Pulse Latest Articles
- Byd Powered Car Of The Year Finalist Evaluation With Mobile Phev And Ev Charging (March 6, 2026)
- Strategy Is Easy. Execution Is Everything (March 5, 2026)
- The Paradox Of Leadership: Ntombizone Feni’s First Year As Ceo (March 4, 2026)
- Beyond The Pit: Why Mining Partnerships Are Being Redefined (March 2, 2026)
- A Refreshing Reset For Your Tastebuds (March 2, 2026)
