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Announced

Completed

Equitix completed the acquisition of 20% stake in Viridor from KKR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Minority

Private

Private Equity

Waste and Disposal Services

municipal wastes

hazardous waste

waste recycling

waste management

United Kingdom

Domestic

Single Bidder

Friendly

Completed

Synopsis

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Equitix, an UK investment company, completed the acquisition of 20% stake in Viridor, a provider of waste management and recycling services, from KKR, a global investment firm. Financial terms were not disclosed. “Equitix is proud to partner with KKR through this investment and we look forward to developing our relationship further in the future. The Viridor portfolio contains operational EfW assets of the highest quality, which are supported by long-term inflation linked contracts, and we are delighted to be a part of the future of this company. As a 20% owner, Equitix will work with Viridor and KKR to help lead the transition to Net Zero through sustainable energy sources, and specifically through Carbon Capture, Utilisation and Storage (CCUS) at the EfW plants,” Achal Bhuwania, Equitix Chief Investment Officer.

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