| Renewi plc | |
| Type: | Public |
| Key People: | Ben Verwaayen Otto de Bont |
| Industry: | Waste management |
| Revenue: | €1,892.3 million (2023)[1] |
| Operating Income: | €132.9 million (2023) |
| Net Income: | €66.6 million (2023) |
| Foundation: | 1880 |
| Location: | Dunedin House, Mount Farm, Auckland Park, Milton Keynes, MK1 1BU, UK |
Renewi plc is a leading European waste management company operating primarily in the Benelux region. It is listed on the London Stock Exchange and Euronext Amsterdam and is a constituent of the FTSE 250 Index.
The Company was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.[2] In 1988 the Company acquired London Brick Landfill[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[2]
In the mid-1990s, the Company sold its remaining construction interests to concentrate solely on waste management.[2] In 1998 the Company went on to buy four waste management companies in Belgium.[4] It changed its name to Shanks Group in 1999.[5]
In March 2000, the Company bought Waste Management Nederland B.V. in the Netherlands.[6]
In July 2004, the Company sold its UK landfill and landfill gas power assets to Terra Firma.[7]
In 2006, the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.[8]
In September 2016, the company reached an agreement to buy the Dutch recycling firm Van Gansewinkel Groep BV for €432 million[9] as part of a merger that, upon completion on 28 February 2017, created to newly rebranded Renewi plc.[10]
In 2019, as part of a strategy to focus the business on its core operations and regions, the company sold its Canadian operations to Convent Capital [11] and its Reym-branded industrial cleaning business to Remondis.[12]
The company's current operations are concentrated within the following three countries:[13]