Waste not want not: Recycling and waste giant Viridor to be sold in £4.2bn deal

Michael Holder
clock
Viridor's Avonmouth energy recovery centre is set to be completed in 2020 |Credit: Viridor
Image:

Viridor's Avonmouth energy recovery centre is set to be completed in 2020 |Credit: Viridor

Parent company Pennon Group opts to focus on its water businesses, as it announces plans to exit waste and recycling sector

Leading water utility specialist Pennon Group has agreed to sell its waste and recycling arm Viridor to a group of investors in a deal worth £4.2bn, the firm announced today, in what would be one of the...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Venture Capital

The Fibre Bottle is Carlsberg's latest iteration of its sustainable packaging development. Credit: Carlsberg Group

Probably The Best Paper Bottle in the world: Carlsberg announces unveils eye-catching sustainable packaging pilot

Beer giant's partnership with the Paper Bottle Company and Avantium leads to Europe-wide trial of new Fibre Bottle

clock 22 June 2022 • 3 min read
Larger formats of bathroom products will replace less sustainable miniatures at hotels including Holiday Inn. Credit: IHG

No More Miniatures: Unilever helps Holiday Inn-owner cut single-use plastic

Guests at IHG Hotels & Resorts sites will have access to full-size Dove products as part of new partnership

clock 20 June 2022 • 2 min read
Tim Rotheray

All for show? Why we need better leadership on recycling

It is time for businesses and government to be honest with consumers about the environmental impact of packaging, writes Viridor’s Tim Rotheray

Tim Rotheray, Viridor
clock 20 June 2022 • 4 min read