Tradebe acquires Avanti Environmental
| La Salle can reveal that Marlow-based Tradebe - one of the UKs leading waste & recycling firms has acquired Merseyside-headquartered Avanti Environmental from Stericycle Inc.
Business acquired: Avanti Environmental Group Ltd Activities: Formerly known as Neston Tank Cleaners Limited and incorporated in 1997, the company is one of the UK's largest independent environmental management firms and employs over 140 people. ---------------- Purchaser: Tradebe Environmental Services Limited Activities:Founded in 1983 and incorporated in 1999, the company offers environmental services, including hazardous waste management, solvent recycling, clinical waste, minerals recycling, norm, low level radioactive waste management, technical assessment, total waste management, packaged solvent sales, and waste oil services. This acquisition is their second of 2018 as the company acquired UK laboratory waste disposal services business Labwaste. ---------------- Additional info: Brian Mulholland, treatment, incineration and recovery director at Tradebe, said: 'This is an important acquisition for Tradebe as the two companies are complementary.' 'The deal will accelerate growth of all our UK operations and will significantly increase Tradebe's ever-growing waste transfer network. Avanti is a very attractive acquisition due to the high calibre of employees, capabilities and the strong synergies to be gained from this acquisition.' Rob Molenaar, UK chief executive of Tradebe UK, added: 'The combination of Tradebe, Labwaste and Avanti will provide for a strong platform capable of servicing and meeting the changing demands of our customers. The companies are aligned in terms of service operations, capabilities and geographical reach.' 'This partnership will bring together some of the most technically minded, innovative people in the UK's waste industry.' |
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