FCC Environment

Last updated

FCC Environment (UK) Limited
Type Subsidiary
Industry Waste management
Predecessor
  • Waste Recycling Group
  • Focsa Services UK
FoundedMay 2012;11 years ago (2012-05)
Headquarters,
Area served
United Kingdom
Key people
Steven Longdon
(Chief executive officer)
Number of employees
approx. 2,400
Parent Fomento de Construcciones y Contratas
Website www.fccenvironment.co.uk

FCC Environment (UK) Limited is a waste management company headquartered in Northampton, United Kingdom and a wholly owned subsidiary of Fomento de Construcciones y Contratas. It was formed in May 2012 through the merger and rebranding of Focsa Services and Waste Recycling Group.

Contents

History

Waste Recycling Group acquired Hanson Waste Management from Hanson plc for £185 million in cash in December 2000. [1] [2]

Waste Recycling Group was acquired by the private equity group Terra Firma Capital Partners for £315.2 million in June 2003. [3]

In September 2006 Fomento de Construcciones y Contratas acquired Waste Recycling Group, excluding its landfill gas operations, from Terra Firma for £1.4 billion. [4] [5]

In May 2012 Focsa Services and Waste Recycling Group were merged and rebranded "FCC Environment". [6] [7]

See also

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References

  1. "Waste Recycling Group buys Hanson Waste Management for £185m". letsrecycle.com. 22 December 2000. Retrieved 16 October 2012.
  2. "Hanson sells waste arm for £185m". The Telegraph. 23 December 2000. Retrieved 16 October 2012.
  3. "Landfill group to change Hands after £315m takeover". The Scotsman. 10 June 2003. Retrieved 16 October 2012.
  4. "FCC completes £1.4bn acquisition of Waste Recycling Group". letsrecycle.com. 28 September 2006. Retrieved 16 October 2012.
  5. "FCC Buys Waste Recycler From Hands for 1.4 Bln Pounds". Bloomberg. 17 July 2006. Retrieved 16 October 2012.
  6. "WRG and Focsa rebranded as FCC Environment". letsrecycle.com. 14 May 2012. Retrieved 16 October 2012.
  7. "FCC Environment merger puts recycling and renewable energy at its core". Materials Recycling Week. 7 September 2012. Retrieved 16 October 2012.