RiverRidge, one of Northern Ireland’s largest waste management companies, has been bought by two Luxembourg investment companies for an undisclosed sum
Cube Infrastructure Managers and Equitix Investment Management have purchased a majority stake in the company which was founded by chief executive officer Brett Ross more than 12 years ago.
It employs around 280 people across five sites in Belfast, Mallisk, Coleraine, Portadown and Londonderry, treating and disposing of residual waste for seven local authorities and over 5,500 commercial clients, as well as focusing on producing energy from waste. In total, the company disposes of around 400,000 tonnes of waste a year.
