Itelyum, an industrial hub officially created at the beginning of 2019 by Stirling Square’s private equity fund, is the result of an integration of 16 companies around two Viscolube hubs – a company born in Lodi, in the Italian region of Lombardy, ranking first in Europe for lubricant recovery – and Bitolea, a Pavia-based company ranking first in Europe in used solvent purification. To build this industrial recycling hub, Stirling Square – the majority shareholder – obtained €140 million worth of acquisitions, alongside an investment plan in plants worth 50 million. Aggregation has led to a cutting-edge entity at an international level, while offering its partners integrated and sustainable processes, products and services, according to a circular economy model extendi...