Tradebe, the UK’s leading hazardous waste services provider continues its expansion through the completion of a second significant acquisition in 2018
Marlow, 31st May: Tradebe has acquired Avanti Environmental Group from Stericycle Inc. This is the second significant acquisition in 2018 that is driven by the company’s strategic business growth plans, which are focused on strengthening and enhancing Tradebe’s position in the UK hazardous waste market.
Avanti operates treatment and transfer sites in England and Scotland, supported by a significant fleet of vehicles. The company employs over 140 people and boasts a wealth of assets and services including an advanced transfer station in North West England, waste services in the Scottish Central Belt and the Highlands, niche services for the laboratory and automotive markets, and a plastics recycling division. The services are supported by an established UK infrastructure of transport routes and vehicles.
Tradebe Treatment, Incineration and Recovery Director, Brian Mulholland comments: ‘This is an important acquisition for Tradebe as the two companies are complementary. The acquisition will accelerate growth of all our UK operations and will significantly increase Tradebe’s ever-growing waste transfer network. Avanti is a very attractive acquisition due to the high calibre of employees, capabilities and the strong synergies to be gained from this acquisition.’
Tradebe UK CEO, Rob Molenaar comments: The combination of Tradebe, Labwaste and Avanti will provide for a strong platform capable of servicing and meeting the changing demands of our customers. The companies are aligned in terms of service operations, capabilities and geographical reach. This partnership will bring together some of the most technically minded, innovative people in the UK’s waste industry. The companies have a strong sustainability culture, customer service and health and safety ethos; together we will continue to drive high standards throughout the industry. We also very much welcome the Avanti team to the Tradebe organisation and look forward to the continued success of the combined organisation.
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Tradebe provides leading environmental services in the United States, Europe (Spain, United Kingdom and France) and the Middle East (Oman), and a storage terminal in Barcelona Port. Following the recent acquisitions completed in the US, the revenues of the company amount to c. 500M€ with more than 2,150 employees and more 75 sites distributed worldwide. Spain (25), United Kingdom (22), United States (24), France (2) and since 2015, the Middle East, Omán (7).
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