Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Waste specialist Biffa placed on the market

Waste specialist Biffa placed on the market

Thu, 29 Mar 2012 | BUSINESS SALE



Waste management firm Biffa has been placed on the market by its private equity owners, due to a fall in waste levels during the recession and its £1 billion debts.

Its owners, Montagu Private Equity and Global Infrastructure Partners, are also believed to be considering selling the business very cheaply in exchange for a share in a future merger synergy.

Based in High Wycombe, Biffa has a 6,300-strong workforce, and reported revenues of £850 million for the year ending March 2012. Its client base includes J Sainsbury and local councils. Biffa is also shouldering gross debts of £1 billion and is due a covenant test in June.

The waste management industry has been affected by a decline in consumer spending, which has brought waste volumes down, and the effects of tax hikes for firms still relying on landfill have also reduced demand.

An increased focus towards recycling has pushed waste management firms to adapt. Biffa, however, is still reliant on industrial waste and some industry experts have said they believe it has not moved over to recycling fast enough, despite having purchased recycling firm Greenstar in 2010 to boost its own recycling services.

Biffa’s rivals are considered to be highly likely to look into a takeover, and include Veolia, Pennon, Waste Recycling Group and Sita.


Share this article



Latest Businesses for Sale

Space Data Analytic Business (Fast Sale)
Bristol, South West, UK

The company is a specialist in earth observation intelligence and data services to complete a range of projects such as the Global Air quality index, wide-scale habitat mapping and the use of machine learning for urban heat mapping. Offers are req...

Asking Price: Offers Invited
Turnover: £2,720,000

LEASEHOLD


Electrical Testing Equipment Supplier
UK Wide

Supplies & leases a complete range of electrical testing equipment via nationwide distributors as well as offering calibration & repair services for all makes & models of analogue & digital test equipment. Customer base includes blue-chip end-users...

Asking Price: Offers Invited
Turnover: £2,960,000

Construction And Fit-out Services
South East, UK

An opportunity has arisen to acquire a comprehensive offering that includes, but is not limited to, construction, investigative work, maintenance, and development services.

Asking Price: Offers Invited
Turnover: £2,900,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
05
 
Aug
 

EV Technology to acquire Fablink Group at up to 13x gross profits | BUSINESS SALE

Fablink Group has announced that it has agreed to be acquire...

 
04
 
Aug
 

Administrators begin sale process for automotive manufacturing suppliers | ADMINISTRATION

Administrators are seeking a buyer for two Bletchley-based b...

 
03
 
Aug
 

Insolvencies soar amid rising costs and end of COVID support | BUSINESS NEWS

Company insolvencies soared in the second quarter of the yea...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
29
 
Jun
 

Biffa acquisition boosts recycling capability | DIVISION SALE

Waste management firm Biffa has announced that it has acquir...

 
21
 
May
 

Biffa agrees £126m deal for Viridor assets | BUSINESS SALE

Biffa has agreed a deal to acquire the collections business ...

 
09
 
Oct
 

Biffa acquires industrial and commercial waste firm in £35m deal | BUSINESS SALE

Biffa has announced the acquisition of industrial and commer...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.