Shropshire waste management business Reconomy Group has bought Nottinghamshire-based UK Waste Solutions - which it described as the foremost independent waste broker in the UK. Headquartered in Newark, Nottinghamshire, UK Waste Solutions employs 160 people and owns brands including Novati, AMA, Click Waste UK and Evolution.
It acts as a consultant to businesses within hospitality, distribution, transport, facilities management, manufacturing and construction, and has 3,500 customers including Marston’s, Prezzo, Roadchef, Network Rail, CBRE and Birmingham Airport. The deal will strengthen Telford-based Reconomy’s position in the commercial waste sector as the “biggest technology-enabled, outsourced resource management” provider in the UK.
Reconomy Group recorded revenues of more than £1 billion last year across its 30 offices worldwide and is one of the UK’s largest and fastest-growing businesses operating in the circular economy, waste management and sustainability sectors. The transaction follows the acquisition of Denmark-based green-tech business Combineering in February.