Biffa_RCV

Waste collection company Biffa is planning a return to the London Stock Exchange next month.

The company has published details of an October listing, which would value the company at around £270m.

It is looking to raise the additional funds to grow organically but also act as a consolidator in the fragmented UK waste sector.

Biffa was taken private in 2008, having been demerged from Trent Water and listed two years earlier.

It has, in its industrial and commercial division, approximately 1,200 collection vehicles operating from 63 depots and 29 transfer stations. It also provides refuse collection for 40 councils.

Biffa, which has an annual turnover of more than £900m, also specialises in the removal of hazardous waste and the generation of energy from landfill and food waste.

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