Founded in 1995, Weir Waste Services Limited (“WWS”) is one of the largest independently-owned commercial recycling and waste management businesses in the West Midlands. WWS provides total waste management solutions for the assessment, collection, recycling and disposal of commercial waste. WWS has focused on investing in the latest automated sorting technology to deliver increasing recycling, recovery and purity rates, delivered through continued investment over the years including the construction of a state-of-the-art materials recycling facility at Oldbury, near Birmingham.
Biffa plc is a leading, UK-listed, integrated waste management company.
The Westcott Park AD facility, located near Aylesbury in Buckinghamshire, is one of the most modern in the UK, and is capable of processing up to 48,000 tonnes of food waste per annum and turning that into electricity which is then sold into the National Grid, with the solid residual material used as a bio fertilizer in agriculture. The facility receives both pre-and post-consumer food waste from local authorities and commercial customers.
The facility was considered to be a non-core part of Renewi UK Service Ltd’s business, which is primarily focused on large municipal waste processing and recycling contracts.
Quercus undertook a focussed sale process, identifying Olleco, one of the UK’s largest collectors and processors of food waste and waste cooking oils.