Mon, 23 Jun 2025 | DIVISION SALE
Papilo, a waste management solutions provider, has completed its first acquisition since securing backing from private equity firm Palatine with a deal for a specialist agricultural landspreading business.
The Manchester-based company has acquired the organic waste landspreading (‘Waste-to-Land’) division of Lancashire-based Silverwoods Waste Management Ltd in a deal that broadens its service offering, enhances its sustainability credentials and boosts its revenues by more than £5 million.
The acquired division is a well-established business that has been part of Papilo’s supply chain for more than 15 years. The business works alongside major food manufacturers and water utility companies, identifying agricultural benefit within organic waste streams and distributing waste to the agricultural sector, where it is ultimately used as natural fertiliser on farms.
Paul Hodgkiss, CEO of Papilo, commented: “At Papilo our goal is to lead the way in fostering a circular economy, where waste is minimised, resources are maximised, and everything we do contributes to a healthier planet.”
“We are delighted therefore to have acquired Silverwoods Waste Management’s Waste-to-Land division, a deal that accelerates our growth while increasing our sustainable business mission.”
“The founder, Julian Silverwood, has done a first-class job in growing this business and we look forward to supporting him and the team as they join forces with Papilo.”
The deal represents Papilo’s first acquisition since securing investment from Palatine’s returns-focused Impact Fund in June 2023.
Palatine Impact Fund Investment Director Greg Holmes commented: “This strategic bolt-on acquisition strengthens Papilo’s strong ESG credentials and will offer the business a further opportunity to grow through cross selling its services to existing customers.”
“We are pleased to have completed the first acquisition since our investment and continue to look at a number of other opportunities for the business.”
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