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Announced

Completed

N+P Group completed the acquisition of Crayford material recycling facility from Viridor.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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resource and waste management

Friendly

United Kingdom

Majority

Cross Border

Single Bidder

Acquisition

Private

Environmental / Waste Management

Completed

Infrastructure

Synopsis

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N+P Group, a producer and supplier of waste derived alternative materials, completed the acquisition of Crayford material recycling facility from Viridor, a waste management company. Financial terms were not disclosed. “N+P’s rationale for acquiring the London location is driven by the company’s desire to expand production in locations throughout the UK and diversify its activities. Ultimately, having both an alternative fuel production location as well as a MRF operation at the same location optimises the complete value chain for waste. N+P believes the non-recyclable waste fraction can play a significant role in the transition to cleaner future proof energy sources,” Stijn Jennissen, N+P Chief Commercial Officer.

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