Early Life
Theo Roussis was born in Spolaïta, Greece, on May 3, 1954. He is of Greek descent and is a Belgian citizen. He studied biochemistry at the National & Kapodistrian University of Athens and the University of Seville.
Rise to Success
Roussis began his career at Synfina, an insulation division of Ravago, which was later sold. In 1993, after the death of his father-in-law, Raf Van Gorp, he took the helm of Ravago, a plastics multinational based in Arendonk, Belgium. Under his leadership, Ravago expanded significantly, becoming a global leader in plastics production, recycling, and distribution. He oversaw the acquisition of Muehlstein in 2006, making Ravago the world's largest in its sector.
Key Business Strategies
Roussis's key business strategies included a focus on acquisitions to expand Ravago's global footprint. He made several strategic acquisitions, including Bamberger Polymers and M. Holland, solidifying Ravago's position in the plastics market. The company also formed a joint venture with Republic Services, called Blue Polymers, to create recycled resins.
Philanthropy
While specific philanthropy amounts are not readily available, Roussis is known for his investments in various ventures. He invests in the venture capital fund Pentahold, showcasing a commitment to business growth and investment.