Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Onyx buys Shanks' hazardous waste business

Onyx has bought the hazardous waste business from Shanks for £28 million, which according to the company makes it the clear market leader across the UK in the future developing hazardous waste sector.

The company sees this acquisition as a strategic long-term investment in its commercial business and helps to position it favourably particularly in the pharmaceutical and chemical sectors.

Onyx chief executive Cyrille du Peloux said: "This is yet another positive move by Onyx where we see a real strategic opportunity to add value for our customers by providing a fully integrated approach with a comprehensive range of treatment and disposal options.

"With the skills and technical capabilities now within our means we will naturally create a number of business synergies."

The acquisition includes eight chemical treatment sites and the high temperature incinerator and waste to energy plant at Fawley - one of only two merchant facilities that are operational in the United Kingdom.

These facilities include a dedicated transport fleet and a workforce of some 300 employees.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.