Announced
Synopsis
Biffa, the UK's leading integrated waste management company, acquired Specialist Waste Recycling, a waste and recycling solutions provider, for £25.8m. Michael Topham, Chief Executive Officer of Biffa, said: "The acquisition of SWRNewstar represents a compelling opportunity for Biffa and provides further evidence of our ability to identify and execute cash flow enhancing and earnings accretive acquisitions. Bringing together SWRNewstar with Biffa's leading Industrial & Commercial business will strengthen our offering while enabling us to profitably leverage our national network. We welcome the staff and customers of SWRNewstar to Biffa."
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