Budget Pack Environmental acquires Strateco Ltd
21 November 2013
Waste and recycling compliance firm Budget Pack has acquired Oswestry-based Strateco Ltd as a subsidiary company, it was announced today.
Strateco, which specialises in waste electrical and electronic equipment (WEEE) compliance and environmental consultancy, will continue to provide services to its key clients, particularly in ‘B2B Compliance’.
Commenting on the deal, Budget Pack chairman Steve Clark said the decision had been welcomed after a long-standing relationship between the two companies.
He said: “We are delighted that Strateco is now part of the Budget Pack Group. We have identified great synergies and its acquisition introduces greater depth to our management team which will assist us in our growth plans.”
David Burton, managing director of Strateco, added: “Both companies share a common ethos and values and working within the Budget Pack Group provides longer term security for our clients as the compliance market goes through considerable change.”
Budget Pack, which celebrated its 10th anniversary in September, helps over 700 UK businesses achieve their recycling solutions, aims to be processing more than 1,000 compliance scheme registrations across three different regulations by the end of 2014.
Its client base includes household brands such as Innocent Drinks, Fujifilm and Tate & Lyle.