Saria Bio-Industries has acquired a majority stake in the Doncaster based food waste recycler PDM Group.
PDM said the investment by Saria will enable the company to expand its portfolio of anaerobic digestion (AD), rendering and biomass-to-energy facilities, with a focus on the ReFood brand.
The announcement follows a close partnership between the two companies, which has seen the delivery of the UK’s first ReFood AD plant. It is anticipated the new investment will also enable the company to fast-track plans for a national ReFood plant network.
PDM chief executive Andrew Smith said he was “delighted” to have strengthened the relationship between the two companies.
He said: “Our two businesses complement each other, and the shared expertise means we have the potential to develop an industry-leading offer to food chain waste management.
“As a result, PDM will continue to set the benchmark in how to maximise food chain by-products as a resource and help the UK to eradicate food waste from landfill by leading the sector in providing the infrastructure, capacity and demand for recycling across the food chain.”
Saria board member and PDM director Franz-Bernhard Thier added: “As a result of this co-operation we are able to share knowledge and technology to produce new products from animal by-products and commercial food waste in an effective and efficient manner.”
The German based Saria Bio-Industries produces high-quality proteins and fats from animal by products and is also active in the biodiesel and biogas sectors.