Biffa: Difference between revisions
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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"/>. | 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 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 2017/18 the relative position of the top 5 waste companies<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>, by turnover, was as follows: | In 2017/18 the relative position of the top 5 waste companies<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>, by turnover, was as follows: | ||