BCI and Macquarie Asset Management to acquire Renewi for £707m.

BCI, an investment management corporation, and Macquarie Asset Management, a global asset manager, offered to acquire Renewi, a waste management company, for £707m. “We look forward to working with Renewi’s management in implementing the Company’s ongoing strategy as a pure-play waste-to-product company, in addition to supporting its growth ambitions. In the context of sustainability and resource conservation, we believe Renewi is well-positioned to support a more circular economy, helping to advance the EU’s targets under its Circular Economy Action Plan and maintain Europe’s position as a global leader in recycling,” Lincoln Webb, BCI Executive Vice President & Global Head of Infrastructure & Renewable Resources.