Tradebe has announced the completed acquisition of Labwaste, one of the UK’s leading specialists in the collection, treatment and disposal of laboratory waste.
Based in Hinckley, Leicestershire, Labwaste operates what it describes as “one of the UK’s most unique hazardous waste transfer stations”, supported by a fleet of purpose built vehicles. Operating since 2006, the company provides laboratory waste services including technical waste assessment, labelling, packaging, storage and transportation to final disposal.
Tradebe UK CEO, Rob Molenaar comments: ‘This latest acquisition expands Tradebe’s treatment, transfer and disposal network, directly supporting our UK’s strategic growth plans in this attractive segment. This market penetration acquisition, along with the shared safety culture and customer service excellence, will see a smooth and seamless integration of Labwaste into our Tradebe family.’
Tradebe Treatment & Fuels Director, Brian Mulholland comments: ‘We’re delighted to welcome the Labwaste team and their customers to Tradebe. Labwaste has grown to become one of the most unique hazardous waste transfer stations in the UK, with remarkable re-use and recovery rates, which is perfectly aligned with our company’s vision, purpose and ethos.’
‘While Tradebe already successfully operates in this market, combining the strengths of both companies will synergistically complement one another, driving a higher level of efficiencies. Tradebe with a strategic network of sector-leading treatment and transfer stations, together with Labwaste’s specialist commercial experience and technical operations in the small waste collections market, will lead to the future enhancement and expansion of service offerings available to the laboratory waste market.’
Tradebe itself provides environmental services in the United States, Europe (Spain, United Kingdom and France) and the Middle East (Oman), and a storage terminal in Barcelona Port. Following the recent acquisitions completed in the US, the revenues of the company amount to c.€500M with more than 2,150 employees and 75 sites distributed worldwide.