News In Brief: Mergers & Acquisitions, Food Waste & Entrepreneurs

Waste Software Business, Isys, Expands With Merger

Isys Interactive Systems, producer of the GateHOUSE data collection system, has joined forces with Weighsoft Limited which itself produces the Weighsoft 5 online management and data reporting system as used by around 130 companies across the UK in the waste and recycling industry, as well as concrete and aggregates. The new company will take the Isys name.

Chris Kings, managing director of Weighsoft, said: “The waste management industry is entering a new age, when the onus will be on operators to achieve higher efficiency levels than ever before. We recognise that these challenges require a definitive software solution and this deal means that we now have the resources to do that.”

 

ECO Plastics Founder Shortlisted For Entrepreneur Award

22-07-14-NIBS-ShortJonathan Short, founder and deputy chairman of recycling business ECO Plastics, has been shortlisted in the Entrepreneur of the Year category in the highly respected National Business Awards 2014 where he will compete against the founders of OVO Energy and Car Loan 4U, among others. The Entrepreneur of the Year Award recognises those individuals demonstrating the entrepreneurial aptitude, commercial acumen, vision, ambition and drive to build a successful enterprise.

Jonathan commented: “This is a huge honour for me, especially to be nominated alongside such inspiring business leaders. I would like to extend my thanks to the whole team at ECO Plastics, this would not have been possible without their dedication and hard work. I’m also thrilled to see the green economy starting to make waves in the wider business world. It is testament to how far the recycling industry has come in recent years that we have been recognised for our role in UK plc.”

 

DS Smith Increases Italmaceri Ownership To 100 Percent

DS Smith has announced the acquisition of the remaining 50 percent of Italian recycling company Italmaceri Srl – the first 50 percent of which it acquired as part of the acquisition of SCA Packaging in 2012.

Italmaceri is the second largest recycling company in Italy, handling in excess of 500,000 tonnes of recovered fibre per annum. It has its headquarters in Torino, with operations in Ancona, Casarile and Novara.

Miles Roberts, chief executive of DS Smith said: ”The purchase of Italmaceri is consistent with DS Smith’s strategy to lead the way in recycling. It builds on our market leading position in Europe and will allow us to grow our closed loop recycling model in Italy, where we already have packaging and paper operations.”

 

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