Early Life
Theo Roussis was born in Spolaïta, Greece, on May 3, 1954. His parents were olive merchants. He studied biochemistry at the University of Athens and the University of Seville in Spain.
Rise to Success
Roussis is best known for his role in transforming Ravago, a plastics recycling and distribution company. His father-in-law, Raf Van Gorp, founded Ravago in 1961. After Van Gorp's death in 1993, Roussis took over the leadership of the company. Under Roussis's leadership, Ravago grew into a global powerhouse. He expanded the company significantly, with revenues reaching 13 billion euros and employing 9,000 employees. Roussis transformed Ravago into a leading player in the distribution and recycling of plastics and rubbers. He also oversaw strategic acquisitions, including the takeover of Muehlstein in 2006, which made Ravago the world's largest plastics distributor. In 2023, his son Axel succeeded him as CEO.
Key Business Strategies
Roussis's key business strategies involved expanding Ravago through strategic acquisitions and partnerships. He focused on both the distribution and the recycling aspects of the plastics industry. He also established joint ventures to enhance the company's market presence. The company's business model combines polymer distribution with extensive recycling and compounding operations, positioning Ravago as a critical player in the global circular economy.
Philanthropy
Information on Theo Roussis's specific philanthropic initiatives is limited, but he has expressed a commitment to supporting initiatives in his local community.