Waste management company Severnside has bought paper recycling firm Vale Paper.
Severnside said that the long term acquisition of the Wigan-based firm fitted with its long-term strategy and hinted that further acquisitions would be on the way. Severnside hopes to broaden its customer base and all Vale Paper staff will be retained.
Catalogue distribution firms, printers, box makers and greeting card manufacturers form the core of Vale Papers client list.
Severnside managing director Peter McGuinness said: This acquisition continues to strengthen Severnsides position and enables us to continue to achieve growth in such a competitive market. Severnside will continue to grow organically together with selective acquisitions.