Biffa

Biffa has acquired Weir Waste Services who provide waste and recycling solutions in Birmingham and the West Midlands region.

WWS has been bought for a consideration plus debt of£16.2m, funded from Biffa’s existing cash and debt facilities.

The business will be incorporated into Biffa’s industrial & commercial division, enabling the combined business to broaden its customer offering throughout Birmingham and the West Midlands.

WWS presently combines a commercial collection business which serves some 1,600 customers, and operates a frontline fleet of around 45 vehicles.

Additionally, Biffa has announced a further three acquisitions in the current financial year.

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They are H&A Recycling in Cornwall, Bisset Waste Management in Scotland, and some trade and assets of Vecta Group in east London. All three will also be incorporated into the industrial and commercial division.

Michael Topham, CFO and CEO - designate of Biffa, said: "The acquisitions we have announced today demonstrate our ongoing ability to identify and execute value accretive acquisitions across the UK.

"The Weir Waste business significantly strengthens our presence and customer offer in Birmingham and the Midlands while the other acquisitions further enhance our platform in their respective markets. We welcome the staff and customers of these businesses to Biffa."

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