The three-year financing deal will go towards supporting CIRQLR’s growth in the industrial and commercial recycling and waste sectors.
Backed by iCON Infrastructure, the group has just completed a three-year “buy and build” operation in the East and South of England.
David Palmer-Jones, CEO of CIRQLR, said: “We are on track with our plans to deliver the leading customer-focused business recycling group.
“Exactly one year on from announcing ourselves to the wider world, these new facilities with NatWest support all our investment plans, provide us with the springboard to further develop our offerings for customers and keeps us agile allowing us the ability to participate in an expanding market driven by a raft of new regulatory growth opportunities we are actively working towards.
“The £40 million worth of facilities has sufficient flexibility for us to extend our borrowing capabilities on the same favourable terms with Natwest, allowing CIRQLR to capitalise on several merger and acquisition and corporate development opportunities we have in our sights over the next year or two.”
CIRQLR currently owns over 20 facilities across England, including those formerly belonging to Sommers Waste Solutions which was purchased towards the end of 2025.
Through its growing network and increased processing capacity, it expects to more than double the recycling materials it handles annually – from 600,000 tonnes to over one million tonnes in the coming years.
It is likely that the flexibility within the new debt facilities will result in CIRQLR completing further mergers and acquisitions across the South and East of England in the coming years.
Palmer-Jones continued: “Whilst undergoing a period of further integration and investment to modernise some of the group’s recycling infrastructure and harness greater synergies using cutting edge data analytics, CIRQLR continues to expand its operational reach within CIRQLR’s chosen geographies.
“Our regional operations have really come together under the CIRQLR umbrella supported by a strong central team which are putting into place the key foundations to allow us to accelerate growth whilst leveraging our highly experienced local management teams and their closeness to customers to grow rapidly.
“At CIRQLR we are primed to deliver our mission to ‘give waste a second life’.”
Register for free to comment