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

Reconomy buys Prismm in fourth acquisition over 12 months

Outsourced waste services provider Reconomy has bought Kent-based consultancy and waste management firm Prismm.

This is Reconomy’s fourth acquisition in just over 12 months, including Waste Check, Helistrat and Valpak. The Reconomy Group’s combined revenue for the end of 2019 is forecast to exceed £260m.

Prismm specialises in taking factory output that is difficult to recycle and aims to achieve zero to landfill for clients, particularly within the printing and packaging sectors.

Reconomy chief executive Paul Cox said Prismm was a customer-focused business: “This is another important step in our ambition to double the size of the Reconomy group in the next two to three years and further enhance our proposition in the business and industry sector.”

He said Prismm’s reputation for “innovative thinking and adopting new ways of working” aligns closely with Reconomy’s “core strategic aim” of prioritising technology to track more detailed waste data, faster turnaround of information and improved accuracy in service delivery.

Prismm managing director Mike Jackson said: “These are very exciting times for Prismm. We have managed to find a company with the same values as ours for innovation and excellence in service.

“Our team is extremely excited about taking Prismm to the next level now we are part of the Reconomy Group of companies.”

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.