Recycling and waste management giant Viridor has acquired JWT Waste Services for a reported £7.6 million.
JWT Holdings (which trades as JWT Waste Services) was formed in 1985 and is based in Atherton, Greater Manchester.
It handles 70,000 tonnes of material per year, operates its own materials recycling facility and a fleet of 29 vehicles that will be integrated into Viridor’s northern region.
The acquisition will allow Viridor to widen its areas of operation across Greater Manchester, Merseyside and Lancashire in line with its parent company Pennon’s strategy of expanding its waste management activities particularly in the collection, recycling and energy recovery sectors.
Viridor regional director John Viviani said: “JWT is a quality local recycling and waste management business and offers good synergies with our existing business in the North West. We look forward to welcoming our new colleagues and to providing existing and new customers with a continued high-quality service.
“The acquisition continues our investment in essential recycling and renewable energy services in the region, such as the construction of the Runcorn EfW facility alongside our advanced recycling facilities, helps us to meet the needs of local businesses which are looking to recycle more, and to minimise the amount of waste they send to landfill.”
JWT Waste Services’ former owner John Thomasson will remain as a consultant within the business. He said: “I am delighted that Viridor has been able to secure the acquisition of JWT. This is good news for our employees, customers, suppliers and all other stakeholders in the business, and will allow the business to grow.”