Recent Solid Waste Company Mergers and Acquisitions: as at December 2006
Those mergers and acquisitions just keep on. Try to understand this evolution by referring to our chronological list of events below:-
June 2003 - Severn Trent acquires Hales Waste Control for £141 m
June 2003 - Terra Firma acquires The Waste Recycling Group (WRG) for £531 m
June 2004 - Terra Firma acquires Shanks' landfill interests for £227m
September 2004 - Augean acquires Atlantic and Zero Waste Holdings for £106m
December 2004 - The refinancing of The Waste Recycling Group (WRG) for £885m
April 2005 - A management buy-out of Cory takes place for £200m
June 2005 - Viridor acquires Brett Waste for £45m
August 2005 - Waste Recycling Group acquired Cumbria trade waste specialists Alco Waste Management for an undisclosed multi-million pound sum.
January 2006 - Veolia acquires Onyx
June 2006, September 2006 approved by the competition authorities - Veolia acquires Cleanaway from Brambles Industries for £595m
July 2006 - FCC acquires WRG interests for £1.4bn
October 2006 - Severn Trent's floatation of Biffa (without debt and landfill liabilities) for circa £850m
Source: The Caledonian Economics 2006 Financial Review of the UK Waste Management Sector, published in October 2006 - with additional information added by www.landfill-site.com.
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