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Investment type
Limited partnership

Phoenix Metal Recyclers

Phoenix Metal Recyclers NZ Limited (“PMR” or “Phoenix”) is New Zealand’s largest privately owned metals recycling business. The company operates a vertically integrated model across a well-established nationwide network of 12 New Zealand sites (including 3 processing and export hubs).

PMR’s core business is the collection, processing and sale of ferrous (iron and steel) and non-ferrous (e.g. aluminium, copper, lead acid batteries) metals for re-use by a diverse range of recurring global and domestic customers. PMR also has a division focused on the demolition of large commercial sites, with the recovered metals recycled and sold by PMR.

PMR is well-positioned for further growth via bolt-on acquisitions and through utilising PMR’s existing network and expertise to expand into complementary adjacencies such as electronic waste and lithium battery recycling.

Metals recycling is an attractive export niche in the New Zealand waste industry - PMR is one of only two scale players ($20m rev+), providing opportunity for consolidation at attractive multiples.

Strong ESG credentials means the company will play a critical role in the decarbonisation of New Zealand’s economy and the sector will likely attract increasing investor interest, with ESG a fast-growing global investment strategy (ESG global AUM is expected to reach USD50tn in 2025 from USD35tn today).

About ForthCo

This business investment opportunity is brought to you by ForthCo.

The team at ForthCo are excited to bring you new investment opportunities. Our simple, transparent, investment model gives Kiwi investors exclusive access to an untapped, previously hidden opportunity to back the next great New Zealand private businesses. In return, our portfolio of companies provides an unrivalled combination of quarterly cash yield and long-term capital appreciation.

At ForthCo, we’re motivated to change the accepted perspective on how we grow our wealth as New Zealanders. To show that a new route to connect Kiwi capital to proven Kiwi companies will create a flywheel that generates momentum towards a more productive, more sustainable New Zealand.

If you are a wholesale investor, log in and click the 'Register interest' button to request access to our next investment opportunity. Alternatively, you can register your interest through the ForthCo website. Our team will contact you directly to discuss.

Disclaimer

New investors can only access this investment opportunity if you qualify as an eligible wholesale investor. The requirements to meet the wholesale or eligible investor criteria are described in our FAQs.

Please note

While Catalist is providing access to this investment, we cannot give any financial advice on whether or not you should invest. Ensure you read all the information provided. Weigh up your appetite for risk and consider how this investment may fit into your investment strategy and portfolio.

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