Acquisition and management buyout at two waste firms

Chesterfield-based waste management and skip hire company Hopkinson Waste Group has announced that it acquired the Yorkshire-based HR Skip Hire.

Hopkinson Waste Group and HR Skip Hire are set to operate from the former's existing Derbyshire site

And, IT disposal and electrical recycling specialist CCL (North) has united with Restructa Ltd, which specialises in the recycling of TVs and computers, following a management buyout.

Hopkinson Waste Group

Hopkinson Waste said that following the acquisition of the skip hire business, the companies are set to merge operations at Hopkinson Waste Group’s existing 32-acre recycling centre in Derbyshire.

Commenting on the move, managing director of the Hopkinson Waste Group Jules Gaylor said: “Our strategy is about acquiring and investing in companies with long term sustainable growth potential, strong ethical values, and excellent environmental credentials. HR Skip Hire is a superb fit for us.”

Hopkinson Waste Group also outlined that it has further acquisition and growth plans “to maximise operations”. The firm explained that the acquisition follows the retirement of David Hopkinson, founder of Hopkinson Waste Group, and his sale of the business to its current owners earlier in the year.

Mr Gaylor added: “’David created a magnificent legacy, and we are excited to be custodians and deliver this next chapter in environmental excellence.’’

Optimum Eco Group

Elsewhere, CCL North and Restructa announced they have united under a newly formed parent company Optimum Eco Group. The parent company said that it will be owned and directed by CCL and Restructa’s existing senior teams.

The Optimum Eco Group board, formed from both companies’ existing senior teams

It explained  that Bruce McLean will be group managing director and be joined on the group’s board by Brian McMahon, Jim McNulty, Alison Gallacher and Lynda Gardner. The group said that the businesses operate two facilities in Irvine.

The North Ayrshire-based firms have been led by Mr McLean for 22 years and 17 years respectively and employ over 80 people. According to Mr McLean, six additional employees are due to start with the group this month, with both businesses actively recruiting.

Both firms are set to continue their operations under the new brand.

The group added that it plans to introduce consultancy and support services in specialist areas persistent organic pollutants (POPs) and management and fire prevention of batteries in WEEE.

Mr McLean commented: “This is an exciting time for both businesses as we combine the experience and skills we have developed over many years into one cohesive group. Optimum Eco Group will provide a dynamic platform from which to build a stronger, more powerful business, while allowing the individual CCL and Restructa brands to continue to flourish in their specialist areas.”

He concluded: “The move consolidates our ambitious growth plans, with our sights set on expanding our services, increasing revenue, developing our current fantastic teams and creating more green jobs.”

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