Zanrec Plastic Company Ltd.
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Zanrec Plastic Company Ltd. - overview
Established
2009
Location
Zanzibar, -, Tanzania
Primary Industry
Environmental Services
About
Zanrec Plastic Company Ltd. specializes in the recycling of plastic waste, converting it into valuable products, and contributing to sustainability efforts in Tanzania and beyond. Founded in 2009, Zanrec Plastic Company Ltd. is headquartered in Zanzibar, Tanzania.
The company focuses on recycling plastic waste into usable products, facilitating environmental sustainability. As of May 2019, Zanrec Plastic Company Ltd. secured funding through a deal with DOB Equity, though financial terms were undisclosed. The company has completed a total of 1 deal.
Zanrec offers innovative solutions for plastic recycling, transforming waste materials into high-quality recycled products. Their services target various industries by providing eco-friendly materials that can be utilized in manufacturing processes, thereby promoting sustainable practices across sectors. Zanrec's revenue model is primarily based on the sale of recycled products and services to businesses needing sustainable materials. Their pricing structure is designed to cater to diverse customer needs, ensuring competitive offerings within the recycling industry.
Zanrec Plastic Company Ltd. is focusing on expanding its product line and enhancing its recycling capabilities. The company plans to introduce new recycled products by late 2023 and aims to penetrate new markets within East Africa by 2024, leveraging recent funding from DOB Equity to support these initiatives.
Current Investors
DOB Equity
Primary Industry
Environmental Services
Sub Industries
Waste Management, Recycling
Website
www.zanrec.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Zanrec Plastic Company Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Zanrec Plastic Company Ltd. | - |
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Zanrec Plastic Company Ltd. - employee data
Zanrec Plastic Company Ltd. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board & Shareholder | BM |
BM Board Member
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