The assets and businesses being acquired are:
- Barnsdale Bar/Cusworth Hill: a large operational landfill site and limestone quarry at Kirk Smeaton, north of Doncaster in Yorkshire.
- North Hykeham: an operational landfill site in Lincolnshire.
- Cridling Stubbs: a limestone quarry already operated by WRG’s Darrington Quarries subsidiary under a royalty arrangement.
In total the properties have approximately 3.8 million cubic metres of fully consented landfill void with scope for expansion, subject to approvals. In addition, there are reserves of 7.5 million tonnes of limestone with permission for extraction. In the year ended 2000 the Barnsdale Bar and North Hykeham sites received 339,000 tonnes of waste, of which approximately half was under long term contracts with local authorities, and produced and marketed 600,000 tonnes of limestone. WRG is taking over the assets and businesses at each location along with the related staff.
Commenting Paul Rackham, Chairman of WRG, said:
“This acquisition brings to Waste Recycling Group well established waste management and quarrying operations. We look forward to working with our new customers to deliver cost effective recycling and sustainable waste management services.”
Waste Recycling Group plc receives, processes, recycles and disposes of more than 10 million tonnes of waste a year for a range of local authority and commercial customers. Some 55% of the group’s revenues come from long term municipal contracts and 5% from long term waste to energy contracts with an installed capacity of more than 70 megawatts of electricity generated from landfill gas.
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