Avondale Holdings Integrated Waste Management Facility, based in Falkirk, is under new ownership after Whitehead Restoration Limited from Wigan, part of the wider NPL Group, acquired a 100% shareholding in the business.
Avondale owns and operates two landfill sites, a renewable energy centre and one of Scotland’s largest recycling facilities. This is in addition to its specialist capabilities in the treatment and disposal of MSW, industrial and commercial waste streams and contaminated soil treatment. The Company is well placed to support the Circular Economy in Scotland and provides much needed treatment capacity for the integration of Landfill Ban Scotland in January 2021.
Speaking on the successful acquisition, NPL Group Chairman, Robert McFarlane said
“The acquisition of Avondale is an important milestone in the Group’s Waste Management strategy. It will enable us to integrate a number of our businesses and assets to create a truly national brand.
“We have some exciting ideas to further the growth, service provision and strategic reach of Avondale within Scotland and with the consolidation of our assets and some further planned acquisitions, we are positioning the business to take advantage in the evolving wider UK waste management sector. Avondale has a strong management team who indicated that they wanted to share our journey and so the acquisition was a win win for all.”
NPL worked closely with HSBC and other stakeholders to complete the acquisition and were advised by PWC (Glasgow) and Maclay Murray and Spens LLP.