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 !! Turnover (million GBP) 2017/18<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>!! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported
! Company !! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported
|-
|-
| [[Veolia]] || 1,500 ||1,571 ||[[Veolia|Veolia Environmental Services (UK) Ltd]] only, as per financial year report ending December 2020<ref>[https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/k-NPDidtofZFpe6iduWK9MRi0kYzB2u7h9vms5pJ6Ss/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3B2H7HL4P%2F20230110%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20230110T165739Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEDYaCWV1LXdlc3QtMiJGMEQCIHgp1iEtJlkauZc5Ny3qSJUiskYeJlIOXszmWyx%2BNnd%2FAiBfz1H8E2K2O1e4nPqW5I2v5DNroe2khrKGzGjXhQCgYCrWBAiP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F8BEAQaDDQ0OTIyOTAzMjgyMiIMPmkYFQb1I6Ae8uQiKqoEf%2Fnypn9%2BvjpdodCfu1%2BMDm8eLIRU3yY8eUN7W67AR2y5DQrkNTuuUxZFFjcn5Wj1yVgm2DSwziqaZ07Ln5I8XlT4l%2Bf%2BKmuhDGe2MRJlV86KFBcHGKLkDle0ZsbMtgeWEUyGwVHgXQ0z19ptkUdJlM%2FvbKBGYaaX0mIH1TNK%2F0qNC%2ByRpbZXf73A72FQWsDydzM1M5fZDZRvNQQn1OYfHZzJ11z6Lwc6tKojqn1Kn8uwGzNaT87SbXSUs5PYYoGDkbZU887%2FfIKJqRUgbZAkrA5GLUUt0hBeiPSOWbQQGAHOjWBMmrVqnaGYfM8kUYQ6DfjeYbupPR39oCvHIevJs0BS974dvXTrWBAv6hDxfngAiXu1dSiEzBSageqwmaMo97ZrKVMKn%2BYbcCkNazYgSyCpndfEP3oU9%2BoxdZYEoYUd4vvAgv%2BpN%2BoHbs%2BTFizJtLpv81ZtnKTwDCAL1U%2BHnVa423IsKgsAZpF6mJJBW1cux23i2s%2BGjBH5nYHrNdqzjeZkIt8ULpBzPH3CEHbsa9s40MLmtkBmqZvqxGSHoO3TzqOLwaLlRmZszEUUoaFdr6wAJekkIPK7xgMdzkM0xbtoO5iNCyFlrzbYYz8xlvgWC63txYErO%2BkyXY%2FKf%2FwGqHjIZb3h8I3XtxAUt21erFB3R77u7wFs9sSujBIQFaLGjU6T4qjCXsX9kAxqVq6sWjTRcxsmitWCIJaTMaajt4291YrsHskw0EYwkNT1nQY6qgF3kW4GHHvr%2BLCDoHXtFu0BvvrlqLdL9elajaChiL9P%2F5tf3FmwpVxoQZzzVQVqKXUNU7cn7bXtnNhLoV0xXSVNW0E32t4gI8koqt9qsun1pwSXMfHFrCE77BgQ4A6xfpyrW21urjKL8nAuy%2FzofvnQuiGhE%2Bi1uuPrkv96JTeNnFeGjf%2BTiiMZFAYrFawZYwp0IXMs0G%2FS1EZ%2B6PpNUlLsAgicO0qCq4LJeQ%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=0f7dc7696fbeaf12c23478a3d336854021ed0e711ccbd533d76636dab950aabe Companies House pdf]</ref>
| [[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 ||turnover shown 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 ||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 ||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 ||509 ||[[FCC Environment (UK) Ltd]] as per annual accounts dated December 2021<ref>[https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/CkPkAJHKh1MyCVizo96ZsxxmtRiPT1X7DEtVdROs_lM/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3B2H7HL4P%2F20230110%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20230110T165330Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEDYaCWV1LXdlc3QtMiJGMEQCIHgp1iEtJlkauZc5Ny3qSJUiskYeJlIOXszmWyx%2BNnd%2FAiBfz1H8E2K2O1e4nPqW5I2v5DNroe2khrKGzGjXhQCgYCrWBAiP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F8BEAQaDDQ0OTIyOTAzMjgyMiIMPmkYFQb1I6Ae8uQiKqoEf%2Fnypn9%2BvjpdodCfu1%2BMDm8eLIRU3yY8eUN7W67AR2y5DQrkNTuuUxZFFjcn5Wj1yVgm2DSwziqaZ07Ln5I8XlT4l%2Bf%2BKmuhDGe2MRJlV86KFBcHGKLkDle0ZsbMtgeWEUyGwVHgXQ0z19ptkUdJlM%2FvbKBGYaaX0mIH1TNK%2F0qNC%2ByRpbZXf73A72FQWsDydzM1M5fZDZRvNQQn1OYfHZzJ11z6Lwc6tKojqn1Kn8uwGzNaT87SbXSUs5PYYoGDkbZU887%2FfIKJqRUgbZAkrA5GLUUt0hBeiPSOWbQQGAHOjWBMmrVqnaGYfM8kUYQ6DfjeYbupPR39oCvHIevJs0BS974dvXTrWBAv6hDxfngAiXu1dSiEzBSageqwmaMo97ZrKVMKn%2BYbcCkNazYgSyCpndfEP3oU9%2BoxdZYEoYUd4vvAgv%2BpN%2BoHbs%2BTFizJtLpv81ZtnKTwDCAL1U%2BHnVa423IsKgsAZpF6mJJBW1cux23i2s%2BGjBH5nYHrNdqzjeZkIt8ULpBzPH3CEHbsa9s40MLmtkBmqZvqxGSHoO3TzqOLwaLlRmZszEUUoaFdr6wAJekkIPK7xgMdzkM0xbtoO5iNCyFlrzbYYz8xlvgWC63txYErO%2BkyXY%2FKf%2FwGqHjIZb3h8I3XtxAUt21erFB3R77u7wFs9sSujBIQFaLGjU6T4qjCXsX9kAxqVq6sWjTRcxsmitWCIJaTMaajt4291YrsHskw0EYwkNT1nQY6qgF3kW4GHHvr%2BLCDoHXtFu0BvvrlqLdL9elajaChiL9P%2F5tf3FmwpVxoQZzzVQVqKXUNU7cn7bXtnNhLoV0xXSVNW0E32t4gI8koqt9qsun1pwSXMfHFrCE77BgQ4A6xfpyrW21urjKL8nAuy%2FzofvnQuiGhE%2Bi1uuPrkv96JTeNnFeGjf%2BTiiMZFAYrFawZYwp0IXMs0G%2FS1EZ%2B6PpNUlLsAgicO0qCq4LJeQ%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=d64c02dc462d30b416967281026744a99b59fd4ebad810a48cff7244f4efac33 Companies House pdf]</ref>  
|[[Viridor]] || 672 ||as per accounts published for year end March 2023<ref>Companies House: Viridor Ltd</ref>
|}
|}
The growth in the [[Biffa]] business was underpinned by the acquisition of the [[Viridor]] businesses in 2021, as set out above.
 
==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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