Deal Ticker: Neustark AG and Holcim Partner for Global Expansion of Carbon Removal Tech
Neustark AG, a pioneering climate technology company based in Berne and known for its innovative solution to permanently sequester CO₂ from the air in recycled mineral waste, has entered into a landmark investment and strategic cooperation agreement with Holcim.
This partnership underscores neustark's commitment to advancing sustainable solutions for carbon removal and leverages Holcim's investment to drive the rapid expansion of its breakthrough technology. In a significant step forward, neustark and Holcim are entering into a strategic collaboration agreement and Holcim will actively integrate neustark's equipment into Holcim recycling facilities worldwide.
This marks an important milestone in the global adoption of neustark's technology, in line with their shared goal of permanently removing 1 million tonnes of carbon by 2030 - a significant leap towards a sustainable future.
Kellerhals Carrard (Thomas Bähler, Michèle Remund) advised the founders and neustark AG on the transaction.