Skip navigation

Gloucestershire Business News

Biffa given all clear for £126m acquisition

Biffa PLC has said that UK watchdogs have given the go ahead for the acquisition of the collections business and other assets from Viridor Waste Management.

With a base on Bristol Road in Gloucester, the waste management business originally announced the planned £126million deal on May 21.

At the time of the original announcement, Biffa said: "On completion, the deal will see Biffa acquire Viridor's network of 15 Industrial and Commercial (I&C) depots for business waste, significantly expanding its own market leading low carbon collections business and bringing an additional 21,000 customers into the group's nationwide portfolio.

"The transaction will also enable Biffa to further extend its capabilities across its Specialist Services and Resources & Energy operations, adding 8 further recycling assets and increasing its capabilities in wastewater collection and treatment."

Following correspondence with the Competition and Markets Authority, Biffa confirmed the regulator had "no further questions in relation to the transaction at this time".

The deal is expected to be complete at the end of August.

Related Articles

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Thursday, September 16 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Thursday, September 16

The ongoing coronavirus situation is constantly changing with announcements being made about businesses and services.

Cotswold firm expands with move to new headquarters Image

Cotswold firm expands with move to new headquarters

Vehicle safety specialists Sentinel Systems have moved to new premises in Cirencester to support the company's expansion.

Listed retail property in Tewkesbury up for auction Image

Listed retail property in Tewkesbury up for auction

A Grade II listed retail property in Tewkesbury High Street is attracting plenty of auction interest.


Celebrity Stefan Buczacki meets Perry Bishop competition winner Image

Celebrity Stefan Buczacki meets Perry Bishop competition winner

Green fingered enthusiasts across Gloucestershire have been busily sowing seeds, planting, watering, and tending imaginative horticultural creations in the hope of winning the competition.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.