Environmental consultancy and contract management partner, Helistrat, has today (8 September) announced an agreement to take over the waste management arm of resource efficiency specialist, ecosurety.
The agreement sees Helistrat expand its waste management business by over £1.5m per year and comprises a number of blue chip clients including Britvic, Birdseye and Hain Daniels.
The deal will also enable ecosurety to focus on its core service offering as a compliance scheme, it says.
“This acquisition is clear evidence of our commitment to growth both organically and through targeted acquisitions.”
Commenting on the acquisition Helistrat’s CEO, Harvey Laud, said: “This acquisition is clear evidence of our commitment to growth both organically and through targeted acquisitions.”
“We would like to welcome our new customers to Helistrat and look forward to building on ecosurety’s high-quality service levels, whilst working to optimise the environmental and commercial benefits of improved materials management.”
Steve Clark, ecosurety’s chairman, said: “This strategic agreement allows ecosurety to focus on its core business of environmental compliance, where we’re challenging the market to bring ever-greater efficiency and innovation for the benefit of our members.
“Over the past 6 years, we’ve worked with several of the same clients as Helistrat and been impressed by their focus on supply chain accountability – one of the most critical areas when dealing with waste.
“With ecosurety facing so much opportunity to grow its core compliance business, the time was right to transfer our waste arm to Helistrat, who are experts in waste and share our aspirations for excellent customer service, continual improvement and resource efficiency.”
A small team of employees responsible for supporting the ecosurety waste business will also transfer over to Helistrat. This will bring valuable additional experience and expertise whilst also ensuring continuity of service for Helistrat’s new customers, it says.