As a result of the acquisition, Wilcox now owns over 2,000 textile and shoe recycling containers across England and Wales, enabling the firm to offer a national service to its clients.
ETRs fleet of vehicles along with the drivers, existing transport management team and all staff associated with this division of ETR will continue with textile collections as normal. Wilcox has also purchased ETRs equipment.
JMP Wilcox director Martin Wilcox told MRW: We were quite a large business anyway but this has added 500 bins and six lorries to our firm.
We already have national coverage but the acquisition means we will be able to service areas faster and better as we have more trucks in more areas. It will mean if we have a problem with our bins such as a burn-out or any damage that needs to be fixed, we will be able to fix it within 24 hours thats our pledge.
ETR will continue to run its door to door textile collection service and mobile phone recycling service.
According to Wilcox, it was a very amicable acquisition. He added: We are in a very competitive business and there were a number of interested players but we are geographically located quite close to one another and we had a number of bins on the same sites so it made sense.
JMP Wilcox will be rebranding the acquired vehicles and bins over the next six weeks.
ETR is one of the largest commercial textile collectors in the UK and has been established in the UK for 17 years. It collects textiles from local authorities and collects in partnership with several charities including the County Air Ambulance and Cancer Research UK.