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> | ||
The relative position of the top 5 waste companies, by turnover, is as follows: | |||
{| class="wikitable" | {| class="wikitable" | ||
|- | |- | ||
! Company !! Turnover million GBP | ! 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 | ||
|- | |- | ||
| [[Veolia]] || 1,500 | | [[Veolia]] || 1,500 || || | ||
|- | |- | ||
| [[Biffa]]|| 1,077 | | [[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> | ||
|- | |- | ||
| [[Suez]] || 798 | | [[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> | ||
|- | |- | ||
|[[Viridor]]|| 789 | |[[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> | ||
|- | |- | ||
| [[FCC]] || 670 | | [[FCC]] || 670 || || | ||
|} | |} | ||
==Biffa Entities Listed on WikiWaste== | ==Biffa Entities Listed on WikiWaste== |