Business Sunday 13 June 2021
8 June 2021

Urbaser sold to US equity firm

An American firm has acquired Urbaser from a Chinese-owned company for approximately $4.2 billion (£ 2.97 billion).

BUSINESS

This section shows the latest Business news article with past stories relevant to commerce and industry, or use the News Archive for more items.

NEWS ARCHIVE

3 June 2021

More pressure on Defra over business waste plans

 

The Recycling Association has ramped up the pressure on Defra over its proposals for the collection of packaging from businesses, warning that they will “force successful recycling businesses into administration”. In a ...

2 June 2021

Defra urged to ‘re-think’ business waste plans

 

Defra's proposals for the collection and funding of packaging recycling from businesses in England have been slammed in an open letter sent to the environment secretary, George Eustice.  The letter sent yesterday (1 June) says ...

1 June 2021

Biffa ‘cautiously optimistic’ following results

 

The chief financial officer of Biffa, Richard Pike, has said the company is “cautiously optimistic” of a quick return to profitability, after posting a £40.5 million loss after tax for the 52 weeks to 26 March 2021. In a ...

1 June 2021

Macquarie fund acquires Beauparc

 

Macquarie Asset Management has agreed to acquire Beauparc Utilities for an undisclosed fee, the infrastructure asset manager announced today (1 June). Founded in Dublin in 1990, Beauparc is a waste management company with a ...

1 June 2021

Biffa points to recovery despite £40m loss

 

Biffa today (1 June) posted its financial results for the 52 weeks to 26 March 2021, stating that it is “strongly positioned for post-pandemic recovery” despite a post-tax loss for the year of £40.5 million. Biffa posted ...

26 May 2021

News in brief (26/05/21)

 

With news on: Enva to manage waste for Scotland landmarks; Glasgow invests in bigbelly bins;  FCC picks up two awards; CCC invests in wet recycling plant; and, Oswestry Waste Paper replaces baler

21 May 2021

Biffa to acquire parts of Viridor for £126m

 

Biffa this morning (21 May) announced it had entered into an agreement to acquire the collections business and "certain recycling assets" from Viridor Waste Management Ltd for £126 million. Biffa said the deal expands its ...

18 May 2021

Cory undergoes rebrand to ‘shift focus’

 

London-based Cory has undergone a rebrand from Cory Riverside Energy, dropping the latter two words from its name, to ‘refocus’ the company’s operations from energy generation. The waste management company announced the ...

10 May 2021

Reconomy acquires retail platform ReBOUND

 

Waste management broker Reconomy announced today (10 May) it has acquired retail technology platform ReBOUND for an undisclosed sum. ReBOUND is the company behind a software which describes itself as the “fastest growing ...