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News round-up 29/7

Straight takeover approved; B&M Waste to help Shelter; Redeem Holdings in The Sunday Times list; Waste standard for Bentley.

Regulator approves Straight takeover

The Competition and Markets Authority has cleared One51 Plastics Holding’s proposed acquisition of waste and recycling products manufacturer Straight.

Straight had postponed making a decision on the deal three times before accepting the bid in May.

Its shares will cease trading on the London Stock Exchange’s Alternative Investment Market when the takeover is completed in mid-August.

Press Release

B&M Waste Services teams up with Shelter

B&M Waste Services has launched an initiative to supply the national charity Shelter with recycled furniture.

The company provides a clearance service to businesses, clearing offices and student accommodation and removing used furniture for recycling. This used furniture will now be donated to Shelter to be restored, upcycled and sold in the charity’s network of retail outlets to raise funds for the charity.

B&M director Mick Ashall said: “B&M began working with Shelter in February 2014, when we launched the ‘Refuse not Refuge’ campaign – an initiative to raise awareness of the dangers of sleeping in large waste containers.  From our discussions with Shelter we discovered that we could do more to help the charity and we are delighted to now launch the recycled furniture campaign.”

Press Release

Redeem Holdings debuts on business list

Mobile and electronics recycler Redeem Holdings has been named in The Sunday Times HSBC International Track 200 table at number 55.

The listing ranks the UK’s mid-market private companies with the fastest-growing international sales figures.

Edinburgh-based Redeem Holdings was founded in 1991 and currently operates in 23 countries across three continents. It has regional offices in Spain, Estonia and Hong Kong and is in the process of setting up in Dubai.

Press Release

Bentley awarded Carbon Trust Standard

Bentley Motors has become the first car manufacturer to be awarded the triple Carbon Trust Standard for carbon, waste and water reduction.

The company has now separately secured the Carbon Trust Standards for carbon, waste and water having made “significant” reductions in these areas at its Crewe headquarters.

Michael Straughan, Bentley’s member of the board for manufacturing, said: “We would like to congratulate everyone at Bentley for achieving the Carbon Trust Standard and contributing to clear year-on-year reductions of carbon emissions, water use and waste outputs. Bentley is clearly passionate about continuing to improve its environmental performance, which is reflected by the fact the company has consistently invested in new technology.”

Press Release

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