Biffa has bought a chemical treatment division, serving more than 80 corporate clients, from Enviroco for an undisclosed sum.
The acquisition builds on the group’s recent purchase of the hazardous waste business of PHS and is in line with Biffa’s aims of growth through consolidation. It is the 10th acquisition the company has made in the past two years.
Enviroco is a waste management and industrial cleaning company and part of the international oilfield support service business ASCO Group.
Its chemical treatment division operates from a hazardous waste transfer facility in Sheffield.
A statement said Biffa would have “the most comprehensive waste transfer station network in the UK, a significantly enhanced service offering and a strong platform to increase market share in the collection and disposal of hazardous waste”.
Chief executive Ian Wakelin told MRW that the acquisition fitted with his company’s plan to grow through consolidation.
“Hazardous waste treatment in the UK is fragmented. There are many smaller players and we think it lends itself to a smaller number of larger players. As a result of that we will now have a large transfer station in Sheffield.
“The collection, management and disposal of hazardous waste is a high growth area in the UK, and one in which the winners will be those with geographic scale and technical expertise. The agreement to purchase Enviroco’s chemica treatment division, following the now-completed PHS acquisition, is in line with our strategy to enhance significantly our capabilities in this field.
“We are delighted to welcome the Enviroco team to Biffa, and we look forward to working with them as we enter this new and exciting phase of growth.”