History
Renewi was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan. [3] In 1988, when it was first listed on the LSE, it acquired London Brick Landfill and with it an enormous landfill capacity north of London. [4]
In the mid-1990s, the firm sold its remaining construction interests to concentrate solely on waste management. [3] In 1998, a year before changing its name to Shanks Group, [5] it acquired four waste management companies in Belgium. [6]
In March 2000, Shanks bought Waste Management Nederland B.V. in the Netherlands. [7] In July 2004, two years before buying Smink Beheer B.V. in the Netherlands for €62m, [8] it sold its UK landfill and landfill gas power assets to Terra Firma Capital Partners. [9]
In 2017, after agreeing to acquire it for €432 million and merging with the Dutch recycling group Van Gansewinkel, [10] it was renamed Renewi plc. [11] In 2019, as part of a strategy to focus the business on its core operations and regions, it sold its Canadian operations to Convent Capital [12] and its Reym-branded industrial cleaning business to Remondis. [13]
In February 2025, a consortium of Macquarie European Infrastructure Fund 7 (managed by Macquarie Group) and BCI UK IRR (managed by British Columbia Investment Management Corporation) made an offer worth £707 million to acquire the company. [14] [15] [16] On 6 June, two days after the court approved the proposal, allowing the deal to be finalized, it was announced that the acquisition had been completed. [17]
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€1,689.2 million (2024) [1] 
