Viridor has secured the purchase of Commercial Recycling Ltd’s Waste Collection Division in Dorset and Somerset for an undisclosed amount.
As part of the agreement, Commercial Recycling Ltd (CRL) will retain its waste transfer and recycling business, and will transition its collection division to Viridor on 1st June this year (2015).
The handover will include the acquisition of a 1,000-strong customer base, 18 collection vehicles, a lease of a vehicle depot and the TUPE integration of 36 full-time employees.
Mark Woods, Regional Director, Viridor said:
“Viridor aims to give resources new life through the provision of our essential recycling-led services. Alongside our current £1.5bn investment programme in vital recycling and energy infrastructure, a key element of our growth strategy is the expansion of our collection services, and this acquisition is a further milestone in strengthening our business.
“Combining this new service capacity and fleet integration will help Viridor deliver the very best service and quality to our customers. This is a very exciting time for everyone involved and we look forward to welcoming the CRL team into Viridor.”
An independent collection company, CRL is jointly owned by shareholders Ian Mariner and Bill Riddle.
Ian Mariner, Owner and Director of CRL added:
“The decision to integrate our front-line collections infrastructure is the right one for our customers and colleagues. Viridor has an outstanding reputation as a leader in recycling and resource management and I know the division will be in safe hands with them. We will continue to work with the team to ensure a smooth handover.”