As well as describing itself as one of the UK's largest refrigeration recyclers, Shore Recycling also processes cathode ray tubes (CRTs) and all other types of WEEE.
With this year's buy-out of M Baker Recycling, Shore Recycling reached the capacity to recycle 600,000 fridges, 600,000 CRTs and 40,000 tonnes of small WEEE annually.
Mike Hellings, Viridor's managing director, said: “Shore has an excellent track record in leading the way in this market in the north of the UK and is well placed to capitalise on this opportunity.
“Their innovative and professional approach fits very well with the Viridor culture and we look forward to welcoming and working with our new colleagues,” he added.
Synergies
Mr Hellings also highlighted the potential for the newly acquired facilities to work alongside Viridor's existing operations in both north-west England and Scotland.
“This acquisition fits with Viridor's strategy of expanding its materials recycling capacity, particularly where there are synergies with existing assets,” he explained.
Prior to being bought by Viridor, Shore Recycling has already worked with the Taunton-based company, using its Edinburgh facility to recycle glass inserts from the WEEE it is contracted to recycle.
Strategy
Explaining its acquisition, Viridor stated that the purchase represented part of the strategy of its parent company, Pennon Group, to aim to increase its activities in the waste management sector.
This approach has already seen the firm make a number of high-profile acquisitions, including the £81 million purchase of Kent-based material recycler Grosvenor Waste Management last December (see letsrecycle.com story).
