BSR
BSR
  • 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
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / Biffa acquisition boosts recycling capability

Biffa acquisition boosts recycling capability

Tue, 29 Jun 2021 | DIVISION SALE

Biffa acquisition boosts recycling capability

Waste management firm Biffa has announced that it has acquired Scotland's only post-consumer plastics recycling facility from Green Circle Polymers in a £10 million deal.

The Grangemouth facility processes approximately 50,000 tonnes of plastic every year, including mixed plastic bottles and plastic tubs that are used to create new recycled plastic material.

According to Biffa, the acquisition will provide the firm with more recyclable plastic feedstock in line with its strategy to quadruple its plastic recycling capacity by 2030.

Commenting on the news, Michael Topham, Chief Executive of Biffa, stated that the deal would help the brand build on its position in the industry, as well as strengthening its capacity for recycling around Scotland.

"This acquisition builds on our leadership position in closed-loop recycling and strengthens Biffa’s capacity to process and recycle more plastic waste in Scotland.

"As a leading enabler of the circular economy in the UK, this investment helps us support Scotland’s vision of a greener future, as it prepares to introduce the Deposit Return Scheme to reduce littering and improve recycling levels," he added. "We are delighted to welcome the Green Circle Polymers team and their customers to Biffa."

Chief Executive Officer of Green Circle Polymers Limited, Tom Gleeson, added: "This is an exciting move and I’d like to thank the loyal customers who have supported the business over the years. I know the management and staff will make a valuable contribution to the future of the business as part of the Biffa Group."

The news comes ahead of the implementation of the Deposit Return Scheme (DPS), which is being introduced in Scotland next year and is aimed at making it easier for residents to recycle their used bottles and cans.


Share this article



Latest Businesses for Sale

Horticultural Nursery
South West, UK

The company offers a range of specialist gardening and landscaping products and services to both trade and domestic customers, with a particular focus on turf, top soil, mushroom compost, aggregates, cement and sand, and landscape waste services.

Asking Price: Offers Invited
Turnover: £501,000

LEASEHOLD


Provider of Fire Safety Solutions
UK Wide

Benefits from 40 active clients, 80% of whom provide reliable, repeat business. Has an established reputation within its sector as a professional, reliable service provider, utilising a highly experienced workforce with extensive in-house capabilitie...

Asking Price: Offers Invited
Turnover: £2,600,000

LEASEHOLD


Provider of Bespoke Art Conservation & Restoration Services
UK Wide

The company offers personalised services to a growing client base, ensuring all art mounting, conservation and restoration requirements are met by a team of highly skilled specialists. Serving museums, galleries, Government departments and private co...

Asking Price: Offers Invited
Turnover: £695,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
03
 
Feb
 

Social media marketing firm acquired at up to 41.6x operating profit | BUSINESS SALE

Manchester-based social media and influencer marketing agenc...

 
03
 
Feb
 

Pub group planning to sell 1,000 sites as pressures on hospitality mount | COMMERCIAL PROPERTY

Stonegate Group, the UK’s largest pub company, is repo...

 
02
 
Feb
 

Babble hits 12 acquisitions in a year with double takeover | BUSINESS SALE

London-based cloud technology firm Babble has continued its ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
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...

 
29
 
Mar
 

Waste specialist Biffa placed on the market | BUSINESS SALE

Waste management firm Biffa has been placed on the market by...

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

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Pricing
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.