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Reconomy acquires Helistrat

Outsourced waste management and recycling services provider Reconomy has acquired resource management consultancy Helistrat.

Helistrat, based in Portsmouth with offices in Glasgow, provides holistic waste management and resource strategies to clients operating across various business sectors.

Reconomy said that Helistrat’s focus aligned closely with its own strategy of prioritising tech-enablement to deliver more detailed waste data to clients, faster turnaround of information and improved accuracy of service fulfilment.

The deal follows the acquisition in January of waste broker Waste Check, which specialises in the disposal of clinical and chemical waste materials for businesses operating across sectors including healthcare, retail and care homes.

Reconomy also acquired Cory Environmental’s waste brokerage businesses in 2016 and Countrywide Waste Management and Network Waste in 2015.

Paul Cox, Reconomy’s chief executive (pictured) said the latest acquisition enabled the company to extend its sustainability and waste management services to a broader range of clients and commercial sectors.

“Everyone at Helistrat shares our vision of bringing about change to the waste industry by introducing new technologies that will make the process of dealing with waste far easier and more transparent for our clients,” he said.

Harvey Laud, chief executive of Helistrat, said the two companies shared the same values and vision: “This new venture will allow us to optimise our collective strengths and deliver greater benefits for our valued customers.”

Reconomy said that it remained on course to reach a turnover of £200m by 2020.

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