Waste management company Biffa Group (Biffa) has acquired the commercial waste business PHS All Clear Ltd (known as PHS Wastetech) for £2.5 million, it has been announced.

The deal, which was made to help Biffa ‘enhance’ its services and ‘realise profitable synergies’ will see Biffa acquire four new operating locations and take over PHS Wastetech’s 12,000-strong customer base. The commercial waste company has an annual turnover of approximately £25 million and specialises in general dry waste services.

The news follows on from Biffa’s £9.5-million acquisition of Shanks Group’s solid waste business, which was bought to ‘further enhance Biffa’s volumes and enable it to consolidate more waste into recycling and energy-from-waste facilities’, and develop Biffa’s energy and processing operations.

Ian Wakelin, CEO of Biffa, said the PHS Wastetech acquisition marked “another step forward in [Biffa’s] strategy to grow market share and enhance [its] leading industrial and commercial services”.

He added: “We will swiftly integrate PHS Wastetech into Biffa’s national infrastructure and excellent customer service platform, further strengthening our position as the UK’s leading integrated waste management company.”

Commenting on the sale, Gareth Rhys Williams, CEO of PHS Group said: “Wastetech is a good business which will fit well with Biffa’s integrated waste management model. At the same time, its sale will enable the PHS team to focus on our strategy of delivering sustainable future growth from our core contracted route-based services operations.

“I would like to thank everyone at Wastetech for their commitment and hard work over the years, and wish the business every success for the future.”

The acquisition process is expected to be completed by early March.

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