Packaging, WEEE and battery compliance scheme Budget Pack has acquired consultancy Strateco for an undisclosed sum.
As part of the deal Strateco will become a subsidiary of Budget Pack and continue to provide consultancy services on WEEE compliance and environmental matters.
The businesses said the acquisition followed “a long-standing and positive relationship between both companies”.
David Burton, managing director of Strateco, said that working within Budget Pack would provide longer term security for Stratco’s clients “as the compliance market goes through considerable change.”
New WEEE regulations from BIS introduced collection targets for compliance schemes from January 2014. Schemes that fail to meet the targets will be charged a compliance fee.
Steve Clark, chairman of Budget Pack, said: “We have identified great synergies and [the] acquisition introduces greater depth to our management team which will assist us in our growth plans.”