Waste giant sweeps up Birmingham recycling company

Independent recycling company Weir Waste Services has been bought by industry giant Biffa in a £16.2m deal.

Weir Waste, which has its head office in Birmingham and a site in Oldbury, employs around 120 people.

The business will be incorporated into Biffa’s industrial and commercial division, enabling the combined business to broaden its customer offering throughout Birmingham and the West Midlands.

Michael Topham, Biffa’s chief financial officer and chief executive-designate, said: “The acquisitions we have announced today demonstrate our ongoing ability to identify and execute value accretive acquisitions across the UK.

“The Weir Waste business significantly strengthens our presence and customer offer in Birmingham and the Midlands while the other acquisitions further enhance our platform in their respective markets.”

Biffa also revealed three other acquisitions, for a total consideration plus debt of £3.9m. It has bought H&A Recycling Limited in Cornwall, Bisset Waste Management in Scotland, and certain trade and assets of East London-based Vecta Group.

Weir Waste is a £16m-turnover business that serves 1,600 customers with its frontline fleet of 45 vehicles.