Beauparc says the deal “reinforces” its drive to develop “robust and sustainable processes whilst delivering rigorous carbon neutral goals”.
Elsewhere, Indaver announced that it has taken over BIP Chemical Holdings, a firm based near Manchester which recycles solvents for the chemical and pharmaceutical industries.
Indaver says acquiring BIP Chemical Holdings “strengthens” the Belgian waste management company’s position in the UK.
Having begun commercial operations in 2012, Tyrone Energy processes 25,000 tonnes of waste wood from across the UK and Ireland each year, generating 2.1 MW of electricity annually.
Tyrone Energy’s existing senior management team will remain within the business, Beauparc says. General manager Andy Luke will work alongside Beauparc’s management team to develop “innovative opportunities” to generate energy from waste (EfW).
Welcoming the deal, Brian McCabe, Beauparc’s CEO, said: “Tyrone Energy fits our appetite for innovative sustainable energy projects that contribute to the transition to a low carbon economy.
“Its energy from waste station provides an essential outlet for waste that would otherwise be sent to landfill, converting it into sustainable electricity.
“The business has a proven record of excellence, and we look forward to working with its current team.”
The purchase is Beauparc’s sixth acquisition in the past 12 months, with Tyrone Energy following Acumen Waste Services, B&M Waste, Exomex, Kollect and JWS in becoming part of the group (see letsrecycle.com story).
Beauparc now operates from 54 facilities in Ireland, the UK and the Netherlands.
Meanwhile, Indaver says acquiring BIP Chemical Holdings is “the next step” in the expansion of a network of solvent management facilities in Europe, after commissioning a solvent recycling plant in Antwerp, Belgium.
BIP Chemical Holdings operates from a site in Middlewich, near Manchester, which consists of a solvent recovery unit with a total annual treatment capacity of around 30,000 tonnes and a transfer station, where both hazardous and non-hazardous waste can be stored.
“Various reactors, columns, filtration units and steam boilers, fed by the calorific value of the waste, provide an advanced distillation process for solvents originating from the chemical and pharmaceutical industries,” Indaver said.
The site also has four “fully-equipped” research laboratories, Indaver says, and its own engineering and maintenance department. Indaver also says it “intends to invest further in the site’s performance”.
BIP Chemical Holdings has 75 employees, all of whom will join Indaver.
Bart Goethals, director of Indaver’s industrial waste services, said: “Indaver wants to keep raw materials in the chain. The acquisition of BIP Chemical Holdings fits in with our strategy to create value from waste. The recycled solvents are valuable raw materials for the industry.”