Aberdeen-based food waste collection company Keenan Recycling gained further foothold in the UK market.
The company purchased the wheelie bin collection arm for food waste from JNL Waste Services for an undisclosed value.
The acquisition, including new trucks, is expected to strengthen the company’s service in the Midlands, Northampstonshire and East Anglia.
Jon Lee, Director of JNL Waste Services, said, “Keenan Recycling has a fantastic reputation in the industry, so we know our customers will be in good hands.
“The sale will allow us to focus on transporting bulk food waste and the funds from the agreement will be used to expand our articulated fleet.”
Keenan Recycling Managing Director Grant Keenan added, “Jon and Natalie have built a fantastic business over the years and their wheeled business arm was naturally a perfect fit for Keenan.”
Keenan Recycling has invested over £ 4million in new trucks over the past 12 months, adding six new depots including London, Exeter and Manchester, and has more than doubled its workforce.
Originally set up as a garden composting business, the company started its commercial food waste collection services in Scotland in 2009 before moving south of the border in 2018 and then expanding across England.
Keenan said: “Over the past 18 months we have made significant investments in England which has enabled us to serve a multitude of new customers including colleges, restaurants and fast food chains as companies are increasingly reviewing their carbon footprint and realizing how food waste recycling can support sustainability goals.
“Since we achieved UK-wide coverage earlier in the year, we are starting to see a lot of acquisition opportunities as other waste management companies believe they could benefit by part of Keenan Recycling. “
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