USAA, Samsung and UEM chipped in as Lumotive raised $13m, while Printpack and Braskem are exiting Nexus Circular in a $150m acquisition.
![plastic recycling](https://globalventuring.com//content/uploads/2023/01/pexels-anna-shvets-11286082.jpg)
M&A
Cox Enterprises aqcuired US-based plastics recycling technology developer Nexus Circular for $150m. Nexus had raised undisclosed amounts from sustainable packaging producer Printpack in January 2022 and polyolefin provider Braskem the following month.