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[[Biffa]] is one of the major waste and recycling companies in the UK and | [[Biffa]] is one of the major waste and recycling companies in the UK and services Local Authority and Business customers through a range of waste management facilities including [[landfill]] and [[MRF]]s. With around 8,000 employees Biffa covers the whole of the UK, managing 2,800 front-line vehicles<ref name="ref1">https://www.biffa.co.uk/about-us</ref>. | ||
==History== | ==History== | ||
Biffa was founded in 1912 by Richard Henry Biffa, growing significantly from the early 1960's through to the late 1980's before being acquired by [[Severn Trent Water]] in 1991. Biffa 'demerged' from [[Severn Trent Plc]] and joined the [[FTSE250]] index before being taken private again in 2008 by [[Waste Acquisition Co Ltd]], renaming the company [[Biffa Limited]]. Biffa was then taken public again in October 2016 and entered the [[FTSE100]] index in March 2020<ref name="ref1"/>. | |||
In May 2021 Biffa announced the purchase of [[Viridor]]'s collection business and the majority of its recycling locations for a cash consideration of £126m<ref>[https://www.biffa.co.uk/media-centre/news/acquisition-of-viridors-collections-business-and-certain-recycling-assets Biffa News Item]</ref>. In September 2022 it was announced that [[Biffa]]'s board had accepted a cash offer for the shares in the company by a new company owned by [[Energy Capital Partners]] at a value of £1.3bn<ref>[https://www.letsrecycle.com/news/biffa-set-to-be-sold-to-ecp-for-1-3-billion/ Letsrecycle Article September 2022]</ref> | |||
In March 2023 Biffa announced the acquisition of [[Total Recycling Services]] and in November 2023 Biffa the acquisition of [[Hamilton Waste & Recycling]]. | |||
In May 2024 it was announced that the [[Renewi]] UK Municipal business is to be sold to Biffa, with completion by December 2024<ref>https://www.renewi.com/en/about-renewi/recognition/waste-journal-articles/renewi-announces-sale-of-uk-municipal-business-to-biffa</ref>. | |||
The relative position of the top 5 waste companies, by turnover, is as follows: | |||
{| class="wikitable" | |||
|- | |||
! Company !! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported | |||
|- | |||
| [[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]]|| 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> | |||
|} | |||
==Biffa Entities Listed on WikiWaste== | ==Biffa Entities Listed on WikiWaste== | ||
*[[Biffa Waste Services Ltd]] | *[[Biffa Waste Services Ltd]] | ||
*[[Biffa & Covanta]] joint venture with [[Covanta]] for [[Residual Waste EFW]] facility [[Newhurst Quarry EFW plant- Revision 2]] | *[[Biffa & Covanta]] joint venture with [[Covanta]] (now called [[Encyclis]] in Europe) for [[Residual Waste EFW]] facility [[Newhurst Quarry EFW plant- Revision 2]] | ||
==References== | ==References== | ||