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Suez ‘confirms confidence in UK’ with Devon Contract Waste acquisition

The company's fleet of 37 trucks and all employees will transfer over to Suez

Suez recycling and recovery UK has announced the acquisition of Devon Contract Waste (DCW) for an undisclosed sum. 

DCW is located in Exeter and specialises in commercial waste management and recycling for businesses throughout the South West.

It operates a materials recovery centre in the area with a capacity of 25,000 tonnes, where waste is sent to before recyclables are extracted and the remainder sent for refuse derived fuel.

The company also operates a “data destruction centre” in Plymouth. It also owns a polymer processing site in Exeter which will remain part of DCW Polymers.

Suez explained that less than a year after completing the acquisition of its former waste management assets back from Veolia, the deal confirms its “confidence in the UK market and strengthens its position as a global player in the waste sector”.

The acquisition is testament to our commitment to realising the opportunities presented by the UK market

  • Sabrina Soussan, Suez

‘Testament’

Sabrina Soussan, chairman and chief executive officer of the Suez group, declared: “Coming just ten months after we re-integrated the recycling and recovery UK business back into Suez, the acquisition of DCW is testament to our commitment to realising the opportunities presented by the UK market, a strategic growth area for us.

“Bringing DCW’s collection and processing business into our operations provides customers with an end-to-end solution for their waste streams.”

Employees

Suez said the deal for the company, founded in 1989, offers commercial customers in the south west a “wider range of services, greater flexibility and a full value chain solution from collection through to recycling and energy recovery throughout its network of facilities across the region”.

John Scanlon, chief executive officer for Suez recycling and recovery UK added: “With values aligned to Suez’s triple bottom line approach and offering excellent customer service, DCW is a great addition to Suez’s business.

John Scanlon is CEO of Suez recycling and Recovery UK

“The acquisition will see us develop our regional footprint and create greater flexibility for our customers across the full range of recycling and recovery services we offer. Significant change lies ahead for commercial waste and recycling collections and, with our wealth of experience and in house sector experts, Suez are well placed to help DCW’s customers navigate this period of uncertainty whilst continuing to deliver high quality services.”

Expansion

Suez added that expansion in the UK market is a key step to meeting its international growth targets

As a one of the largest waste markets in Europe, Suez said the UK is a “strategic growth area” for the company, and with the purchase of DCW, “the group is proud to reinforce its footprint in this geographic area”, which forms a key part of its international growth ambitions.

It is aiming for the UK to reach 40% turnover from international markets by 2027.

‘Careful’

Simon Almond, managing director for DCW concluded: “I’m proud to have spent over a quarter of a century building DCW to become a leading independent recycling and waste management operator in the south west.

James Pike, regional director (South West) Suez recycling & recovery UK and Simon Almond, DCW

“We have been careful to find a buyer for our family business that shares our values and commitment to innovation and outstanding customer service – with its strong regional network, wealth of experience and commitment to enhancing the environment and adding value to the communities where it operates, Suez was the natural choice for taking the business forward.”

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