The acquisition includes 18 collection vehicles, a lease of a vehicle depot and the TUPE transfer of 36 staff from the Bournemouth-based trade waste firm to Viridor.
As part of the agreement, Commercial Recycling Ltd will retain its waste transfer and recycling business, which originally commenced in 2001 at its Wimborne facility in Dorset.
In that time the firm has also expanded into other areas of waste management, including wood recycling, asbestos disposal and tipping facilities at household waste and recycling centres (HWRCs) in Dorset and Somerset.
Commercial Recycling Ltd is jointly owned by New Earth Solutions founder Bill Riddle, and Ian Mariner, who also serves as director of the company.
Mark Woods, regional director at Viridor, welcomed the acquisition adding that the expansion would bring in new capacity.
Milestone
He said: “Viridor aims to give resources new life through the provision of our essential recycling-led services. Alongside our current £1.5bn investment programme in vital recycling and energy infrastructure, a key element of our growth strategy is the expansion of our collection services, and this acquisition is a further milestone in strengthening our business.
“Combining this new service capacity and fleet integration will help Viridor deliver the very best service and quality to our customers. This is a very exciting time for everyone involved and we look forward to welcoming the CRL team into Viridor.”
Mr Mariner added: “The decision to integrate our front-line collections infrastructure is the right one for our customers and colleagues. Viridor has an outstanding reputation as a leader in recycling and resource management and I know the division will be in safe hands with them. We will continue to work with the team to ensure a smooth handover.”
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