Veolia: Difference between revisions
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In August 2020 Veolia launched a process to acquire/merge with [[Suez]] via the acquisition of the shares owned by [[Energie]] in Suez (representing 32% of the company for 3.4bn Euros)<ref>[https://www.letsrecycle.com/news/latest-news/suez-veolia-je-taime-moi-non-plus/ Letsrecycle Article]</ref>. This acquisition is being investigated by the UK's Competitions and Markets Authority (CMA) due to fears that the merger will result in less market competition due to the combined [[Veolia]] and [[Suez]] share of the current market <ref>https://www.letsrecycle.com/news/cma-expands-on-why-veolia-suez-merger-would-lessen-competition/</ref>. | In August 2020 Veolia launched a process to acquire/merge with [[Suez]] via the acquisition of the shares owned by [[Energie]] in Suez (representing 32% of the company for 3.4bn Euros)<ref>[https://www.letsrecycle.com/news/latest-news/suez-veolia-je-taime-moi-non-plus/ Letsrecycle Article]</ref>. This acquisition is being investigated by the UK's Competitions and Markets Authority (CMA) due to fears that the merger will result in less market competition due to the combined [[Veolia]] and [[Suez]] share of the current market <ref>https://www.letsrecycle.com/news/cma-expands-on-why-veolia-suez-merger-would-lessen-competition/</ref>. | ||
The relative position of the top 5 waste companies, by turnover, is as follows: | The relative position of the top 5 waste companies, by turnover, is as follows: | ||
{| class="wikitable" | {| class="wikitable" | ||
|- | |- | ||
! Company | ! Company !! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported | ||
|- | |- | ||
| [[Veolia]] || 1, | | [[Veolia]] ||1,719 ||[[Veolia|Veolia Environmental Services (UK) Ltd]] only, as per financial year report ending December 2021<ref>Companies House: Veolia Environmental Services (UK)</ref> | ||
|- | |- | ||
| [[Biffa]] | | [[Biffa]]|| 1,364 ||turnover shown net of landfill tax as per financial year report ending March 2022<ref>Companies House: Biffa Group Holdings (UK) Ltd</ref> | ||
|- | |- | ||
| [[ | | [[FCC]] || 795 ||as per proportion of Annual Report 2022 by the Group<ref>Companies House: FCC Environment (UK) Ltd reported £552m turnover year end December 2022</ref> | ||
|- | |- | ||
|[[ | | [[Suez]] || 765 ||as per accounts ending December 2022<ref>Companies House: Suez Recycling and Recovery UK Ltd</ref> | ||
|- | |- | ||
| [[ | |[[Viridor]] || 672 ||as per accounts published for year end March 2023<ref>Companies House: Viridor Ltd</ref> | ||
|} | |} | ||
==Veolia Entities Listed on WikiWaste== | ==Veolia Entities Listed on WikiWaste== | ||
*[[Veolia E S Cleanaway (UK) Ltd]] | *[[Veolia E S Cleanaway (UK) Ltd]] |
Latest revision as of 14:16, 19 December 2023
Veolia in the UK is one of the major waste and recycling companies, part of a worldwide group with over 163,000 employees focused on water, waste and energy management, and operates many waste management facilities on a nationwide basis, focused on Local Authority and Business Waste[1] .
History
Veolia, formerly Onyx Environmental, grew through the early to mid 1990's by winning 10 major regional PPP/PFI contracts, the first being with Birmingham City Council, followed by the Hampshire County Council contracts, and through the acquisition in 1997 of Leigh Interests (including Leigh Environmental)[2]. In 2005 they acquired the Shank's (now Renewi) hazardous waste business and in 2006 they acquired Cleanaway UK for £589m [3].
More recent acquisitions in 2016, both out of administration, included both Boomeco (a Wood Waste and Refuse Derived Fuel processor and producer in Avonmouth)[4], and Closed Loop Recycling Ltd (a Plastic bottles recycling company in Dagenham[5]).
In August 2020 Veolia launched a process to acquire/merge with Suez via the acquisition of the shares owned by Energie in Suez (representing 32% of the company for 3.4bn Euros)[6]. This acquisition is being investigated by the UK's Competitions and Markets Authority (CMA) due to fears that the merger will result in less market competition due to the combined Veolia and Suez share of the current market [7].
The relative position of the top 5 waste companies, by turnover, is as follows:
Company | Turnover (million GBP) Most Recently Reported | Note On Source and Date for Most Recently Reported |
---|---|---|
Veolia | 1,719 | Veolia Environmental Services (UK) Ltd only, as per financial year report ending December 2021[8] |
Biffa | 1,364 | turnover shown net of landfill tax as per financial year report ending March 2022[9] |
FCC | 795 | as per proportion of Annual Report 2022 by the Group[10] |
Suez | 765 | as per accounts ending December 2022[11] |
Viridor | 672 | as per accounts published for year end March 2023[12] |
Veolia Entities Listed on WikiWaste
- Veolia E S Cleanaway (UK) Ltd
- Veolia ES Birmingham including Residual Waste EFW facility Tyseley ERF
- Veolia ES Birmingham Ltd
- Veolia Environmental Services Southdowns Ltd including Residual Waste EFW facility North Quay ERF (Newhaven)
- Veolia ES South Downs Ltd
- Veolia E S South Downs Ltd
- Veolia ES Landfill Ltd
- Veolia E S Hampshire Ltd for Residual Waste EFW facilities including Marchwood ERF (Integra South West), Portsmouth ERF (Integra South East) and Chineham ERF (Integra North)
- Veolia ES Hampshire Ltd
- Veolia E S (UK) Ltd
- Veolia ES Leeds Ltd including Residual Waste EFW facility Leeds Recycling & ERF (Cross Green ERF)
- Veolia E S Sheffield Ltd including Residual Waste EFW facility Sheffield ERF
- Veolia ES Sheffield Ltd
- Veolia ES Southwark Ltd
- Veolia ES Shropshire Ltd including Residual Waste EFW facility Battlefield EfW
- Veolia E S Nottinghamshire Ltd
- Veolia Environmental Services Merseyside & Halton Ltd
- Veolia Environmental Services West Berkshire Ltd
- Veolia/Covanta joint venture with Covanta for Residual Waste EFW facility Rookery Pit Energy Recovery Facility (Rookery South)
- Staffordshire ERF PFI delivery of Residual Waste EFW facility Four Ashes EfW (Staffordshire ERF) (W2R)
- SELCHP ERF is a Residual Waste EFW facility which is a joint venture with Icon Infrastructure also listed as South East London Combined Heat and Power Ltd
- Boomeco Ltd
- Closed Loop London Ltd
References
- ↑ https://www.veolia.co.uk/services/waste-management
- ↑ https://www.veolia.co.uk/about-us/veolia-uk/our-history
- ↑ Letsrecycle Article
- ↑ https://www.veolia.co.uk/press-releases/veolia-acquires-boomeco-business
- ↑ https://waste-management-world.com/a/veolia-acquires-closed-loops-plastic-recycling-assets-in-east-london
- ↑ Letsrecycle Article
- ↑ https://www.letsrecycle.com/news/cma-expands-on-why-veolia-suez-merger-would-lessen-competition/
- ↑ Companies House: Veolia Environmental Services (UK)
- ↑ Companies House: Biffa Group Holdings (UK) Ltd
- ↑ Companies House: FCC Environment (UK) Ltd reported £552m turnover year end December 2022
- ↑ Companies House: Suez Recycling and Recovery UK Ltd
- ↑ Companies House: Viridor Ltd