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UK – Veolia Environnement to acquire Cleanaway UK

Another major merger has been announced between large waste management companies in the UK.

Veolia Environnement has announced the purchase, via its waste management division (Veolia Environmental Services), of Cleanaway Holdings Limited (“Cleanaway UK”) from Brambles Industries Limited and Brambles Industries plc for £595 million (?859 million).

With £494 million (?684 million) turnover, Cleanaway UK is a major operator in England and Wales in municipal and industrial waste collection and integrated waste management services, supported by a nationwide network of service centers and four landfill sites. It operates a state-of-the-art high-temperature hazardous waste incinerator and two advanced Materials Recycling Facilities at Greenwich and Rainham. Cleanaway UK employs more than 7, 500 people.

For more information here.

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