Biffa: Difference between revisions

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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 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:
The relative position of the top 5 waste companies, by turnover, is as follows:
{| class="wikitable"
{| class="wikitable"
|-
|-
! Company !! 2017/18 Turnover million GBP<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>!! Recent Turnover million GBP Reported !! Note On Source for Most Recent
! Company !! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported
|-
|-
| [[Veolia]] || 1,500 || ||
| [[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]]|| 1,077 || 1,364 ||revenue net of landfill tax as per financial year report ending March 2022<ref>https://www.biffa.co.uk/investors</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>
|-
|-
| [[Suez]] || 798 || 900 ||revenue as per investor press release September 2022<ref>https://www.suez.com/-/media/suez-global/files/publication-docs/pdf-francais/finance/suez_investors_presentation_26-10-2022.pdf?open=true</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>  
|-
|-
|[[Viridor]]|| 789 ||556 ||revenue for [[EfW]] and plastics business as per accounts published for year end March 2022<ref>https://prod-cms.viridor.co.uk/media/yfphqsw3/viridor-limited-31-march-2022-v10-15092022-ey-signed.pdf</ref>
| [[Suez]] || 765 ||as per accounts ending December 2022<ref>Companies House: Suez Recycling and Recovery UK Ltd</ref>
|-
|-
| [[FCC]] || 670 || ||
|[[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==
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