Completed sale
Eco Waste & Recycling Waste Management Company Was Acquired by Fortis IP | Case Study
Hertfordshire-based Eco Waste and Recycling Limited, a specialist in providing eco-friendly waste management solutions, has been sold to new owners less than 8 months after coming to the market.
The business offers its 1,500 active clients – consisting of local housing authorities and private construction contractors – services such as: skip hire; reclamation; commercial services; construction tipping; and bulk bags.
Operating out of 9,400 sq ft of land, the site consists of a waste transfer station and a 600 sq ft office space whilst also benefitting from excellent road links, connecting the site to surrounding areas.
After generating multiple expressions of interest, an undisclosed deal was agreed with Neil Muttock of Fortis IP Ltd. The business will serve as another arm to Fortis’ energy/recycling division with all staff being retained post-completion.