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Cory sold for £588 million

One of the UKs leading waste management companies has been sold to a consortium for £588 million in a deal expected to be completed by the end of March. Montagu Private Equity has agreed to a sale which will see Cory Environmental move into the hands of long term infrastructure investors ABN AMRO Global Infrastructure Fund, Finpro SGPS and Santander Private Equity on behalf of Santander Infrastructure Funds One and Two. Cory operates ten landfill sites ...