Viridor: Difference between revisions

Revision as of 14:15, 21 May 2021

Viridor logo from website

Viridor is one of the major waste and recycling companies in the UK, working with more than 150 Local Authority and corporate clients, with over 3,000 staff working from over 300 facilities spanning recycling, energy recovery and landfill^[1].

History

Pennon emerged from the privatisation of the utility elements of the South West Water Authority in 1989. Pennon acquired Haul Waste Ltd in 1993 from English China Clay and Blue Circle Waste Management in 1995, merging it and Haul Waste Ltd under its new name, Viridor, in 1998.

Viridor acquired many other waste management and recycling companies through the late 1990's and early 2000's, including: Churngold in 2003, Wyvern Waste Services Limited in 2006, Thames Waste Management in 2004, Enviroscot Ltd, Brett Waste Management and Terry Adams Ltd.

The sale of Viridor to Kohlberg Kravis Roberts (KKR) by Pennon was announced in March 2020 for £4.2bn^[2] and completed in July 2020^[3].

In May 2021 Viridor announced the sale of their collections business and the majority of their recycling locations to Biffa leaving them to focus on their EfW business and associated plastics recycling business^[4]

In 2017/18 the relative position of the top 5 waste companies^[5], by turnover, was as follows:

Company	Turnover million GBP
Veolia	1,500
Biffa	1,077
Suez	798
Viridor	789
FCC	670

Viridor Entities Listed on WikiWaste

Viridor Waste Management Ltd
Viridor Waste (Somerset) Ltd (previously Wyvern Waste Services Limited)
Viridor Waste (somerset) Ltd
Viridor Ltd
Viridor Peterborough Ltd
Viridor Waste (Greater Manchester) Ltd now part of two contracts awarded in May 2019 ^[6] to Suez with Residual Waste EFW still targeted to Viridor's Runcorn EfW facility
Viridor Waste (Kent) Ltd (previously Brett Waste Management)
Viridor Waste Kent Ltd
Viridor Waste Suffolk Ltd
Viridor Waste (Thames) Ltd previously Thames Waste Management
Lakeside Energy From Waste Ltd joint venture with Grundon
Viridor Enviroscot Limited previously Enviroscot Ltd

References

[1] ttps://www.viridor.co.uk/who-we-are/company-overview/

[2] ttps://www.pennon-group.co.uk/media/news/proposed-sale-viridor-%C2%A342-billion-kkr

[3] ttps://resource.co/article/viridor-acquired-kkr-42-billion

[4] Viridor News Item

[5] ttps://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/

[6] Letsrecycle Article

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@@ Line 9: / Line 9: @@
 Viridor acquired many other waste management and recycling companies through the late 1990's and early 2000's, including: [[Churngold]] in 2003, [[Wyvern Waste Services Limited]] in 2006, [[Thames Waste Management]] in 2004, [[Enviroscot Ltd]], [[Brett Waste Management]] and [[Terry Adams Ltd]].
-The sale of Viridor to [[Kohlberg Kravis Roberts]] (KKR) by Pennon was announced in March 2020 for £4.2bn<ref>https://www.pennon-group.co.uk/media/news/proposed-sale-viridor-%C2%A342-billion-kkr</ref> and completed in July 2020<ref>https://resource.co/article/viridor-acquired-kkr-42-billion</ref>
+The sale of Viridor to [[Kohlberg Kravis Roberts]] (KKR) by Pennon was announced in March 2020 for £4.2bn<ref>https://www.pennon-group.co.uk/media/news/proposed-sale-viridor-%C2%A342-billion-kkr</ref> and completed in July 2020<ref>https://resource.co/article/viridor-acquired-kkr-42-billion</ref>.
+In May 2021 Viridor announced the sale of their collections business and the majority of their recycling locations to [[Biffa]] leaving them to focus on their [[EfW]] business and associated [[Plastics Recovery Facility|plastics recycling]] business<ref>[https://www.viridor.co.uk/who-we-are/latest-news/2021-news/viridor-agrees-to-sell-collections-business-and-majority-of-recycling-locations/ Viridor News Item]</ref>
 In 2017/18 the relative position of the top 5 waste companies<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>, by turnover, was as follows: