Wed, 28 Jun 2017 | MERGER
A Yorkshire-based waste management company has acquired a competitor, increasing their customer base to 4,000 and strengthening their position in the York and North Yorkshire districts.
Yorwaste and Todd Waste Management Group's merger is expected to increase the former's turnover to more than £48m.
Steve Barker, Yorwaste's managing director, said: "We look forward to welcoming our new members of staff and customers to the Yorwaste Group, as we join two great local businesses together. I can promise all customers that it will be business as usual.
"Our new customers will have access to more waste disposal and recycling facilities, as well as our state-of-the-art new fleet of vehicles, which will provide them with real value for money and further minimise their environmental impact."
This deal has come two months after Yorwaste took over the management and operation of 20 household waste recycling centres on behalf of North Yorkshire County Council. The company will also soon be opening a new £3m waste transfer station in York, as well as investing up to £1.5m in 11 new vehicles.
Barker added: "In July, the Allerton Waste Recovery Park will begin commissioning and, from day one, in partnership with our major shareholder North Yorkshire County Council, Yorwaste will be the main supplier of waste to the site.
"The deal we have struck with Todd’s is significant because it means we will now be able to recycle or recover even more waste from businesses in North Yorkshire and York."
Subscribe to the Business Sale Report here
The practice has been around for over two decades with virtually zero DB transfer exposure and a focus on financial planning. The Practice represents one of the cleanest Businesses you’re likely to see anywhere on the marketplace at this time. Number...
This well-established manufacturer for sale has been trading for over 185 years and has built up a considerable niche business for agricultural and engineering products for a cross-section of industry sectors. The business to be sold is ideal for acq...
Highly Profitable Wealth Management Firm. Great Staff Base Who Will Remain and Continue to Manage the Clients. Established: 25 to 30 years. Number of staff: 5 to 10. Offers invited.
|
21
|
|
Feb
|
Street food catering firm seeks buyer after entering administration | ADMINISTRATION
Shrewsbury-based catering company MPM Catering has entered a...
|
20
|
|
Feb
|
Heycar acquires HonestJohn.co.uk following administration | BUSINESS SALE
Online used car service Heycar has purchased the independent...
|
19
|
|
Feb
|
On-demand laundry app snapped up after administration | BUSINESS SALE
Laundrapp, an on-demand laundry service which was touted as ...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources