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20/12/2010

Viridor Continue To Expand Recycling Operations

Viridor has acquired the north-west independent integrated recycling and waste management operator Adapt Recycling Ltd.

The acquisition is in line with Viridor's parent company; Pennon Group's, stated strategy of expanding its waste management activities, particularly in the areas of recycling, waste treatment and disposal.

Adapt Recycling is headquartered in Bury and processes comingled recyclate primarily consisting of plastics, cans and glass. It also bales some mixed paper grades. It employs 20 people and handles approximately 25,000 tonnes of material per annum.
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Viridor has complementary recycling, transport and disposal assets in the operating areas. The operations will be integrated into Viridor's Northern region and will trade as Viridor Waste (Adapt) Ltd.

Commenting on the acquisition, Mark Burrows Smith, Director of Viridor North said: "The UK's waste strategies are demanding ever-increasing levels of recycling to meet waste targets. The Greater Manchester region is a key operational area in Viridor's business and the acquisition of Adapt Recycling in Bury will strengthen our position as a leading operator in the region."

The acquisition fits with Viridor's strategy of expanding its materials recycling capacity, particularly where there are synergies with existing assets. It will further strengthen Viridor Resource Management’s position as a leading supplier of quality recyclate volumes for UK and international markets.

(CD/GK)

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