Headquartered in Alton, Hampshire with further offices in Edinburgh, Daventry and Buckingham and operations at Bristol and Edinburgh Airports, SWRnewstar is one of the UK’s largest outsourced waste management companies, providing its broad customer base with flexible and innovative solutions to improve waste segregation, reduce costs and help them build a better environmental plan.
Biffa is an established sub-contractor to SWRnewstar, servicing around 11% of SWRNewstar’s customers’ requirements. The acquisition provides Biffa with the opportunity to increase the proportion of work serviced by its collection and processing network, as well as expanding routes to market.
Transactions Details
Sector:
Waste management
Client:
SWRnewstar
Transaction Type:
Sale
Counter Party:
Biffa plc
Transaction Value:
c.£26 million
Quercus Contacts:
Mark Whelan